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v. July 7, 2022
As soon as you have the first credible investment offers for your project, you should prepare the contractual agreement. The site administrator of fin7.com does not supply any case-related individual legal service. As soon as you have become a fee paying project coordinator, you will get instead links to helpful services how to find fitting free agreement templates for your country. You can communicate legal aspects, questions and problems to the administrator of fin7.com . In alle cases you will get the answer by other links. If necessary, new text pages about the subject of your question will e created on the public Internet. The answer will be that you will get the link.
"For the details ask a good lawyer."...??? This is a typical declaration in recommendations. This is mainly in order to become free from any responsibility and liability. There are not many good lawyers in this world who are willing to do an in-depth analysis for a bargain fee. Agreements with lenders or investors require a lot of considerations in order to be perfect. Most of the problem does not concern legal aspects. The major problem is how to deal with the many cooperation aspects and the possible risks during the future of a project. A good solution is to make first your own agreement concept. You find many many free text models on the Internet. Please go to the start page of: prof7.com and look there for the corresponding links. Once that you have decided among all options what to put into your agreement with investors, partners or lenders, it might be a good decision to ask a lawyer to review your agreement concept. You should first ask the lawyer what he would invoice. There are many lawyers in this world. This is a standard task of legal professions. So you should avoid to pay a fortune. It should be a fair price for approximately 4 hours of work. The lawyer will then take care that the legal requirements will be observed by the agreement details. This typically costs only a fraction, compared with a complete service by a lawyer. Most investors and lenders will have a permanent cooperation with their preferred lawyer. So you could perhaps get the agreement reviewed for nothing (more precisely, paid by the investor or the lender). In this case, too, you should better first develop your own concept. Lawyers mostly do not like to make agreements with a coverage of all major future risks and events. But agreements without this have a high probability of later legal disputes. You do not need to prepare an agreement document before registering a project on fin7.com . This can be done later when stating the success of your search for money. If you want to offer standardized participations in your project, there may be legal requirements to present complete documents before any binding decision about a participation. This is why the interaction among the users on fin7.com is explicitly declared as being not yet binding. In order to reduce the risk from this, you should better only register fair and honest and useful and credible projects on fin7.com . Your project description should show in detail the advantages and the possible risks. On the other hand, investors, lender and contributors will be asked on fin7.com to make decisions only after careful consideration. Once that they have decided for a project and an amount, they should keep their promise in 100% of cases if their are not major reasons discovered later.
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► Complete designation: More about this in the e-book "Teach Yourself Economics." "TOP" - VAE-STUDAT ► This is the latest and complete version .pdf and gets 12++ months updates. ▲ VAE-STUDAM - MAESTRO 50€
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► Complete designation: More about this in the e-book "Teach Yourself Economics." "MAESTRO" - VAE-STUDAM ► The e-book content is identical wth the version "TOP". ► This includes (by additional 30€) a sponsoring (donation) for addtional contents... and it includes your right to opt for the extension of a topic of your choice: 1 or 2 author hours will be supplied as thanks for this donation. (▲ VAE-STUDAP - 10€)
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► Complete designation: More about this in the e-book "Teach Yourself Economics." "PICCOLO" - VAE-STUDAP ► This is a shorter past version (~50 percent of contents) which is able to be read with E-Book-Readers. This can not include the additional more recent chapters with A4 tables (lists) and long link lines. purchase = donation for author work + e-book extension. Your donation motivates the author to add more out of the hundreds of topics that have been prepared. Automatic update service for all purchasers for at least 12 months.
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