Whenever some personal or professional business is required to be done, an agreement of mutual understanding is drawn between the parties involved. In order to make that agreement properly legal and official, a letter of agreement is usually written. Any party to the agreement can write such a letter but mostly it is written by the party from whom the offer is made. On this page, you can find some very useful letter of agreement samples and templates for free.
Letter of Agreement and its Importance?
A letter of agreement is a simple letter that is written to make official an agreement that is already drawn between two or more parties. Businesses have to enter into agreements every now and then. For this purpose, it is very important to write down all the terms and conditions of a business deal as a business agreement.
Oral agreements are also legal and are enforceable by law but a properly written version of an agreement is better. Furthermore, a letter of the agreement also makes an agreement more proper and official. It protects the rights of the parties involved in case of legal proceedings.
A letter of agreement, after agreeing upon the terms and conditions of an agreement, is duly signed by every party. This way, a letter of agreement officially makes an agreement legally binding for the parties involved. For every kind of contract or agreement like a purchase agreement, a sale agreement, an agreement to provide services, etc., it is better to write a proper letter of agreement. In the case of legal proceedings, such a letter can prove to be a concrete piece of evidence. So it is important that the parties to an agreement must retain a letter of agreement.
FREE Letter of Agreement Samples & Templates are Here
Business Letter of Agreement
[Name of Recipient] [Designation of Recipient] [Organization Name]Date:
Subject: Business Agreement
Dear Mr. / Mrs. [Name of the Recipient],
It is to hereby make official the agreement between our company, [mention Name of the Company], and your company [mention Name of the Company]. As per the agreement entered into by both the parties on [mention Date], you are to supply us [mention Quantity and Description of Products/Services] before the end of the next month. For this, a sum of [mention Amount] is agreed to be paid by us.
In case any party fails to fulfill its obligations, the aggrieved party will exercise all its legal rights as mentioned in the agreement. If you don’t have any objections and you agree to all the terms and conditions of the agreement, make sure to sign and return this letter within the next [mention Number of Days] working days.
Thanks!
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 16 KB
File Type: MS WORD
Simple Letter of Agreement
[Name of Recipient] [Designation of Recipient] [Organization Name]Date:
Subject: Agreement for Delivering 20 Laptops
Dear Mr. / Mrs. [Name of the Recipient],
On [mention Date], we, both the parties, drafted an agreement where we will be delivering you 20 laptops within the next 10 working days. This letter is to make the agreement between us formal and official.
As per our agreement, we will be delivering the aforementioned products of the following specifications:
[Mention the Product Specifications]against an amount of [mention Amount], which you will pay to us after 7 working days of the delivery. If you agree to the terms and conditions of the agreement, make sure to sign and return this letter. For any details or queries, feel free to contact us any time during business hours.
Thanking you in anticipation.
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 16 KB
File Type: MS WORD
Purchase Letter of Agreement
[Name of Recipient] [Address of Recipient]Date:
Subject: Agreement for Purchase of House
Dear Mr. / Mrs. [Name of the Recipient],
This letter is written so as to give legal form to the agreement of purchasing the house located at [mention Location] between [mention Buyer’s Name] and [mention Seller’s Name]. The agreement was formed at [mention date] in which the buyer will pay the seller an amount of [mention Amount] for the purchase of the house.
All the terms and conditions are properly stated in the purchase agreement upon which both parties have agreed. If you have any queries, feel free to contact us for any details.
Thanking you.
Sincerely,
[Sender Name] [Sender Signature] [Sender Contact Details]File Size: 17 KB
File Type: MS WORD
Professional Letter of Agreement
[Name of Recipient] [Designation of Recipient] [Organization Name]Date:
Subject: Contract for Delivery of Cotton
Dear Mr. / Mrs. [Name of the Recipient],
This letter is to make the contract of delivering 5-ton cotton official. The said contract was drawn between our company, [mention Company Name], and your company, [mention Company Name], on [mention Date]. As per the contract, you will be required to deliver 5-ton cotton to our company against a sum of [mention Amount].
In this regard, we will pay you 25% in advance within the next 3 working days. You will have to deliver the 5-ton cotton by the 15th of the next month. After 15 days of the delivery, we will clear your remaining dues.
If you don’t have any objections to the terms and conditions of the contract, make sure to sign this letter and send it back. However, if you have any queries related to this matter, feel free to reach us via the given below contact details.
Thanks!
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 16 KB
File Type: MS WORD
Letter of Agreement to Company
[Name of Recipient] [Designation of Recipient] [Organization Name]Date:
Subject: Agreement for Services
Dear Mr. / Mrs. [Name of the Recipient],
This is to confirm the agreement of providing services of web design and web development between your organization, [mention Name of the Organization], and our organization [mention Name of the Organization. As per the terms and conditions of our agreement, we will be designing and developing an official e-commerce website for your company within the next 20 working days.
The total cost of this project will be [mention Amount] of which, we have received 50% in advance. As per the agreement, the remaining dues will be cleared within 15 working days of the completion of the project.
If you have any related queries or questions, feel free to contact us anytime during business hours.
Thanking you in anticipation.
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 17 KB
File Type: MS WORD
What to Include in a Letter of Agreement?
A letter of agreement must be brief and to the point. It must be written in such a way so that it does not miss out on the important details or information. You can also use the letter of agreement samples and templates that are provided here on this page. However, if you still want to know how to write a letter of agreement, then you must know what to include in it. Following are the important details that you must include in your letter of agreement:
Details of the Parties:
The complete names of the parties involved in the agreement whether any or all the parties are companies or individuals.
Relevant Dates:
The date of the Letter of Agreement and the date on which the agreement was entered upon. Also, mention the date of commencement of the agreement and the period for which the agreement will be valid.
Agreement Details:
The specific details of the work that is required to be done as a result of any such agreement like a purchase agreement or an agreement to provide services, etc. Also, indicate which party will be performing the work. The party which will pay the amount and how much the amount will be.
Legal Consequences:
Indicate the legal consequences that a party might have to face in case of failure to honor its obligations or if the party partially or completely fails to fulfill its promise or its part of the agreement.
Signatures:
In an agreement letter, there must be a space to sign for the parties to the agreement. You can also write a statement instructing the reader to sign and return this letter if they agree to the terms and conditions of the contract.
Letter of Agreement to an Educational Institute
[Name of Recipient] [Designation of Recipient] [Institution Name]Date:
Subject: Agreement for Providing Training
Dear Mr. / Mrs. [Name of the Recipient],
I am writing this letter to make it official that an agreement between our organization, [mention Name of Company], and your school [mention Name of the School], has been drafted. As per the agreement, our training officers will provide the teaching training to your staff for two days.
The training will commence on [mention Date] at [mention Time]. The terms and conditions of the agreement further dictates that you will make full payment to us within the two working days of completion of the training.
If you agree to the terms and conditions of the agreement, do sign and return it. Otherwise, you can call us for any queries or information.
Thanks!
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 15 KB
File Type: MS WORD
Letter of Agreement for Short Term Loan
[Name of Recipient] [Address of Recipient]Date:
Subject: Agreement for Short Term Loan
Dear Mr. / Mrs. [Name of the Recipient],
I am writing this to inform you that your request for the short-term loan has been approved. This letter is to make the agreement of a short-term loan official between you, [mention Name of the Recipient], and [mention Bank Name]. As per this agreement, the bank will provide you a total sum of [mention Amount] for a period of 12 months at [mention Interest Rate], commencing from [mention Date of Commencement].
You will have to pay the amount of principal and interest till the 10th of every month. However, if you failed to pay us the amount of principal or interest or both, then we will be forced to take legal action in this regard.
If you have anything further to ask, feel free to contact me anytime during business hours.
Thanks!
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 16 KB
File Type: MS WORD
Employment Letter of Agreement
[Name of Recipient] [Address of Recipient]Date:
Subject: Employment Agreement
Dear Mr. / Mrs. [Name of the Recipient],
I am writing this letter of agreement for your employment for the position of [mention Job Position] in our company [mention Company Name]. You were interviewed on [mention Date] by our recruiting team and they have agreed to select you for the position of [mention Job Position].
You have already been given the appointment letter and this letter is to make official your employment agreement with the company. All the terms and conditions of your employment have been stated in the agreement of employment.
We hope that you will prove your worth to our company with your professionalism, skills, and abilities. If you have any queries or questions, feel free to contact us any time during business hours.
Thanks!
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 17 KB
File Type: MS WORD
Letter of Agreement for Construction Project
[Name of Recipient] [Designation of Recipient] [Organization Name]Date:
Subject: Agreement for Construction Project
Dear Mr. / Mrs. [Name of the Recipient],
This letter is written so as to make formal the agreement of construction of our new office at [mention Name of City or Location]. As per the draft of the agreement, your company, [mention Company Name], will be constructing the new office for our company, [mention Company Name], for a total sum of [mention Amount].
As per your presentation, the said project will take approximately two years to complete. The terms and conditions of the agreement dictate that we will pay you 10% in advance. After that, a sum of [mention Amount] will be paid quarterly till the completion of the project.
If any party does not fulfill its obligations as per the terms and conditions of the agreement, the aggrieved party will have the right to take legal action and claim damages. If you agree to the terms and conditions of the agreement, make sure to sign the letter and return it to us.
However, if still have further questions regarding the agreement, feel free to reach us anytime during business hours.
Thanking you in anticipation.
Sincerely,
[Sender Name] [Sender Signature] [Sender Designation] [Sender Contact Details]File Size: 17 KB
File Type: MS WORD