HOW TO REVIEW A CONTRACT: WHAT TO CHECK BEFORE SIGNING
Signing in a rush can mean years of trouble
“I’ve already signed it, so let’s hope it’s fine…” says the client while handing me a freshly signed contract. At first glance, I spot major issues: missing deadlines, vague commitments, unbalanced responsibilities. The client risks losing money and peace of mind—just because they skimmed the contract before signing.
These are the kinds of mistakes that cost the most. A contract is a legal tool, not a formality. One poorly written paragraph can lead to a lawsuit or financial loss. And often just because someone didn’t read it properly—or didn’t know what to look for.
Let’s look at what to check. Before you pick up that pen.
How to review a contract? What to check before signing a contract? How to know if a contract is solid? You’ll find a practical checklist and legal tips here—what to look for in every contract and why you should talk to a legal expert.
✅ What to check before signing a contract: A practical checklist
1. Identification of parties
Are the details correct? Full names, company ID, address, legal representative? For businesses, verify in the company register.
2. Clearly defined subject matter
What exactly is the contract about? Watch out for vague terms like “provision of services” without specifics. Precision = protection.
3. Price and payment terms
Is the price exact? Is it fixed or can it change? How and when is it paid? Are advance payments, VAT, due dates specified?
4. Deadlines and timeframes
When is performance due? Are the deadlines realistic? Are penalties for delay included?
5. Rights and obligations of both parties
Who provides what? Who guarantees what? E.g., cooperation, warranties, liability.
6. Sanctions and liability
What happens if someone breaches the contract? Are penalties, fines, and withdrawal rights stated?
7. Dispute resolution
Court, arbitration, or mediation? Where would a dispute be heard? Is that venue favorable to you?
8. Final provisions
Effective date, changes only in writing, number of copies, attachments?
⚠️ Common mistakes people overlook:
Imbalance – one party has all rights, the other only duties
Automatic renewal – beware of “automatic contract renewal”
Hidden penalties – contractual fines in the small print
Outdated templates – using old templates that no longer reflect reality
🧠 Real case: “Signed under pressure”
A young entrepreneur signed a lease for office space without reading the annexes. Later found out he had to make construction changes worth €8,000. It was all in the annex he “didn’t get around to reading.”
🙏 Lawyer’s advice:
Never sign a contract under pressure
Don’t ask Google—ask a legal expert
Legal review costs a fraction of what a dispute could
✉️ Want peace of mind? I’ll review your contract professionally
I’ll review, revise, and suggest edits. I’ll explain risks and possible solutions. Price is always stated up front. Reach out—you only get one chance before you sign.
Contact a legal professional – I specialize in contract law.
Learn more here.
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- Naposledy aktualizováno: 27/06/2025