Letter of Agreement Prepared by: Kate S. Magpoc Shaira Kaye Latade Kelvin Ross Paulino
What is Letter of Agreement?
An agreement letter is a formal type of written communication. It is needed at the time of agreement between two parties. It contains all terms and conditions regarding the agreement.
Mention all the details, specifications and conditions in an agreement letter. These letters acts as a model of communication between the customer, vendors, consultants and clients. This form of letters falls under the category of business writing hence should contain no ambiguity and doubt. The agreement letters should be crisp, direct and clear as far as the content is concerned.
Parts of Agreement Letter
Letterhead Inside Address Dateline Salutation Letter Content Complimentary Close Signature Block Enclosure Notation Courtesy Copy Subject Line Name of the sender and position
When do we use this Letter?
To start negotiations. Sets out the terms of your working relationship. Used to clarify working arrangements between two parties.