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How to Draft Footer Contract

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Do initial every page of the contract and make sure the other party does the same so that nothing is missed. Do include notarization if required by applicable law. Do retain a copy of the contract for your records. Don't include legalese or archaic phrases like “the party of the first part.” “Heretofore,” etc.
The contract must identify who the parties are; usually names are sufficient, but sometimes addresses or titles may be used. In sales agreements, for example, in addition to names, “seller” and “buyer” are sometimes used to further describe the parties.
Most contracts only need to contain two elements to be legally valid: All parties must be in agreement (after an offer has been made by one party and accepted by the other). Something of value must be exchanged -- such as cash, services, or goods (or a promise to exchange such an item) -- for something else of value.
There is no statute or law that demands that each page of a contract be initialed. Written contracts are binding if signed once by the parties to the contracts don't assume you want wiggle out of a contract because you did not initial it on every page; the contract is binding if signed on the last page.
The four requirements for a valid contract are an offer, acceptance by the other party of the offer, a mutual agreement or meeting of the minds of the...
Here's my rule of thumb: contracts can be one page, a couple of pages, a few pages, but shouldn't be longer than 20 pages. Anything longer is a sure sign of a lawyer who is cutting and pasting provisions from past contracts into a new contract.
In a few situations, contracts must be in writing to be valid. State laws often require written contracts for real estate transactions or agreements that will last for more than one year. You'll need to check your state's laws to determine exactly which contracts must be in writing.
1. Make sure you have ALL the pages to a contract generally your signature is the last page. It would be wise if you are drafting a contract to insert page numbers and if you are not drafting the agreement, ask that page numbers be included.
There is no statute or law that demands that each page of a contract be initialed. Written contracts are binding if signed once by the parties to the contracts don't assume you want wiggle out of a contract because you did not initial it on every page; the contract is binding if signed on the last page.
Placing of initials on each page of a document or an agreement means placing of brief identification mark of yourself conveying thereby that the said person has read each of the said pages and further this prevents from adding pages later on after the document has been legally executed.
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