Heads of Terms and Memorandum of Understandings are documents which set out agreed principles which precede the signing of a contract. They detail each parties objectives and reissuances, intended to be included in the later formal, legally binding contract.
In essence, these pre contract documents, set out the broad terms by which each party wishes to enter into a formal contact.
Instructing the services of Walker Thomas Solicitor’s from the outset enables us to understand your business. We can advise on heads of terms contracts with sound knowledge of business and its behaviours, morals, goals, etc.