A Deed of Guarantee is a document where one person agrees to be responsible for someone else’s mortgage obligations if that person fails to carry out their own obligations. It is usually used when a lender has reservations about the ability of a borrower to repay mortgage instalments and requires another, usually more financially secure person, to guarantee the loan.
A retainer agreement is a work for hire contract. It falls between a one-time contract and full-time employment. Its distinguishing feature is that the employer pays in advance for work to be specified later. It determines the terms and condition of retainer and the client.
Hire purchase agreements are agreements whereby an owner of goods allows a person (the hirer), to hire goods from him for a period of time by paying instalments. The hirer has an option to buy the goods at the end of the agreement if all instalments are being paid. It determines the rights and responsibility of parties and binds the party.
Settlement agreement between employer and employee therein specifying the terms of settlement. It governs the terms and condition of settlement agreed upon by the parties.
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