Agreement is a consensus of two parties over one thing, plan or a deal. So, the letter of agreement refers to a situation where both the parties are on the same page to enter into a contract. These agreement letters are very much useful. An agreement letter can be written to show your consent for a business, a job or a deal. As this letter is a formal letter so it must be written in a formal style, the language and selection of words must be appropriate and this letter should be clear without any doubt as it has a legal value. Such a letter always addresses the person, party or the company with whom you are entering into an agreement. It also depicts that both the parties have discussed all the main points and have reached to a decision..
Agreement letter can also be taken as a legal document that protects your legal rights and duties. In this context the agreement letter should outline complete information about parties (name and address). The terms and conditions of the agreement must be clearly mention in the letter like; nature of the project, description of the specific product, project costs, terms of payment, mode of payment and other potential consideration.
Agreement letter gives rise to some consideration, and binds parties to some responsibilities. So, it must be mentioned in the letter when the agreement will go into force and when it will be ended. Template of agreement letter varies to the situation like a business deal or contract or agreement or for a job proposal, therefore; it must be written according the situation or demand but above mentioned points will help you out in drafting an agreement letter. The course of the business must be defined in a way that clearly tells you what to expect and what is expected from you. Some samples of agreement letters are annexed to elaborate and to help you while drafting an agreement letter.