What are the legal requirements for a script agreement?
When making a script agreement in Washington, there are certain legal requirements that must be met. First, all parties must agree on the terms of the deal. This means that everyone involved in the agreement must be in agreement about the script, how it will be used, how it will be distributed, and how much each person will be paid for their work. Second, the agreement must be in writing. This means that all of the terms and conditions of the agreement must be formally stated in a contract for all parties to sign. This ensures that all of the parties understand their rights and the obligations of the deal. Third, the agreement must be executed. In other words, all parties must sign the agreement and have the contract notarized. This is a necessary legal step to ensure that the agreement is a binding contract that all parties are legally obligated to fulfill. Fourth, the agreement must be "delivered" to all parties. This means that either each party must get a copy of the agreement, or a third party must be appointed to keep the agreement. This is to make sure that each party has a copy of the agreement and can reference it in case of any future issues. Finally, the agreement must be recorded. This means that the agreements must be filed with the Washington State Department of Revenue and recorded with the county in which the script agreement was signed. This ensures that the agreement is legally valid and can be enforced.
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