Monthly Archives: April 2023

Subordination Agreement Vertaling: Understanding the Basics A subordination agreement is a legal document that establishes the priority of different creditors` claims against a borrower`s assets. It is often used in the context of real estate transactions, where a lender may require a subordination agreement from a borrower`s other creditors in order to ensure that […]

A hire purchase agreement is a legal contract between a buyer and a seller where the seller agrees to sell a product or a service to the buyer and the buyer agrees to pay for it in installments over a period of time. In Nigeria, hire purchase agreements are commonly used in the acquisition […]

A management agreement is a legally binding contract that defines the relationship between a business owner and a manager. This agreement outlines the responsibilities, duties, and compensation of both parties involved. In this article, we will explore the intricacies of a management agreement and explain its key components. The Purpose of a Management Agreement […]

A sample OTA agreement is an essential document that every hotel or property owner should have in their arsenal. OTA stands for Online Travel Agency, and signing an OTA agreement with them is crucial for getting your property listed on different OTAs, such as Expedia,, Agoda, and many more. The OTA agreement is […]

When it comes to business agreements, there are several documents that play a crucial role in the process. Two of the most common documents are the letter of award and the contract agreement. Though they may seem similar, they serve different purposes and have different legal implications. In this article, we will discuss the […]