Contracts for a non-profit organization can involve many different subjects and topics. They are typically formed between a non-profit and a partner organization whenever a specific business goals needs to be accomplished by the parties. Non-profit organization contracts can be short-term or long-term, and they can be renewable if necessary.
Non-profit organization contracts typically cover terms such as:
In general it’s necessary to have a lawyer draft and review the contract to ensure that: 1) the contract adheres to all relevant business laws; 2) the contract is fair for all parties; and 3) there are no errors in the contract.
Non-Profits are businesses just like any other organizations. They may face many of the same types of legal issues as a for-profit organization. Some common ones include:
Lastly, property disputes can also be common sources of contract disputes for non-profit organizations. Many non-profit groups don’t actually own the space where they operate, or they may be sharing property with other organizations. This should be noted, as it can become a significant factor during the course of the business project.
Remedies for a breach of contract typically involve a damages award, which is used to offset the financial costs caused by the breach.
Non-profit organizations can be very exciting to work with. However, they are still subject to many different business, contract, and tax laws. If you need assistance with a non-profit project or contract, you should contact a lawyer before you begin planning. Your lawyer can assist you in tasks like drafting contracts and looking up the laws in your area. Also, your lawyer can help represent you in court in the event that a lawsuit arises over the project.
Last Modified: 12-19-2013 11:45 AM PSTLaw Library Disclaimer
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