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Payson hosts this family fun event, the Arizona’s State Fiddling Championship, for the 54th year.

September 20th -22nd, 2024
Green Valley Park

August 15 to August 17, 2024

Payson Event Center

Emergencies can happen at any time. Be prepared.

Learn more here: https://readygila.com/preparedness

A contract is a legally binding agreement between two or more parties that outlines the rights and obligations of each party. It is a formal document that governs the relationship and interactions between the parties involved. Contracts can cover a wide range of transactions and agreements, including the purchase or sale of goods and services, employment relationships, real estate transactions, and more.
Key elements of a contract typically include:
Offer:
One party must make a clear and specific offer.
Acceptance:
The other party must accept the offer without any conditions.
Consideration:
Both parties must exchange something of value, whether it be goods, services, money, or a promise.
Legal Capacity:
Both parties must have the legal capacity to enter into a contract. This means they must be of sound mind and not under the influence of drugs or alcohol.
Legal Purpose:
The purpose of the contract must be legal. Contracts with illegal objectives are not enforceable.
Mutual Assent:
Both parties must agree to the terms of the contract willingly and voluntarily.
Legality:
The contract must comply with applicable laws and regulations.
Contracts can be either written or verbal, but some types of agreements must be in writing to be enforceable, especially when dealing with significant transactions or certain types of contracts (such as real estate transactions or contracts that cannot be completed within one year). Written contracts provide a clearer record of the terms and conditions agreed upon, reducing the likelihood of disputes and making it easier to enforce the agreement in a court of law if necessary.
When signing contracts keep these things in mind:
Give yourself time to review and understand the terms of the contract your will be signing. Don’t sign what you don’t understand. Ask for help if you need it if you are stumped by contract language.
When should you NOT sign? Listed here are some reasons for not signing a contract:
• The terms aren’t fair
• Verbal agreements are not being put into writing
• There are items you do not agree with
• There is something you are not clear about
• Things don’t feel right.

A disclosure form is a document used to provide information about a particular subject, often to fulfill legal or regulatory requirements, or to ensure transparency in a transaction or relationship. The content of a disclosure form can vary widely depending on the context, but its primary purpose is to make relevant information known to the recipient.
When selling a property, sellers are often required to complete a real estate disclosure form. This form typically outlines any known defects or issues with the property, ensuring that potential buyers are aware of the condition of the property before completing the purchase.
The content and format of disclosure forms can vary based on the specific requirements of the law or industry involved. In many cases, disclosure forms are intended to ensure that parties have access to relevant information and can make informed decisions. It’s crucial for individuals to carefully review and understand any disclosure forms they encounter, and legal advice may be sought if needed.

A liability waiver is a legal document in which one party agrees to release another party from certain claims or liabilities. Essentially, it is a contractual arrangement where one party relinquishes the right to hold the other party responsible for certain acts or omissions.
Liability waivers are commonly used in various activities and services where there is a risk of injury or damage. Service providers, such as real estate companies, may include liability waivers in their contracts to limit their liability for certain outcomes or unexpected events. Waivers for real estate transactions may include; Inspection Waivers, a Survey Waiver, Warranty Waivers or a Hold Harmless for any system that doesn’t pass a certain standard of inspection.
It’s important to note that while liability waivers are commonly used, their enforceability can vary depending on jurisdiction and the specific circumstances surrounding the agreement. In some cases, certain rights cannot be waived, and in other cases, courts may scrutinize the waiver to ensure that it is clear, unambiguous, and not against public policy.