Free Sample Contract Review Checklist Template

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Free Sample Contract Review Checklist Template

Sample Contract Review Checklist


Prepared by: [YOUR NAME]

Date: [DATE]


Basic Contract Information

Task

Completed (✓)

Confirm all parties' names and addresses are accurate

Ensure the contract title accurately reflects its purpose.

Verify the date of the agreement is correct.

Check for clear identification of the contracting parties.


Scope and Terms

Task

Completed (✓)

Clearly define the purpose and scope of the agreement

Verify all deliverables, milestones, and deadlines are detailed.

Confirm that payment terms, amounts, and schedules are specified.

Ensure termination clauses are included and reasonable.


Obligations and Responsibilities

Task

Completed (✓)

Outline each party’s obligations and responsibilities clearly

Check for compliance with industry standards and laws.

Confirm provisions for resolving disputes between parties are included.

Ensure consequences for failure to meet obligations are reasonable.


Legal and Financial Protections

Task

Completed (✓)

Check for indemnification clauses to protect against liability

Ensure confidentiality and non-disclosure clauses are included (if applicable)

Verify force majeure clauses for unforeseen events.

Confirm warranties and representations are clearly stated.


Amendments and Termination

Task

Completed (✓)

Check the process for amending the contract

Confirm grounds for contract termination are fair and explicit.

Ensure provisions for notice periods are reasonable.

Verify that conditions for renewal or extension are included (if applicable)


Payment and Financial Terms

Task

Completed (✓)

Confirm payment terms, including due dates and amounts

Ensure late payment penalties or interest rates are specified (if applicable)

Verify tax and fee responsibilities are clarified.

Confirm refund and cancellation policies are included (if applicable)


Dispute Resolution

Task

Completed (✓)

Check for provisions regarding arbitration or mediation

Ensure the governing law and jurisdiction are specified.

Verify the process for escalating disputes is practical.


Attachments and Supporting Documents

Task

Completed (✓)

Confirm all referenced schedules, exhibits, and annexes are attached

Verify that all referenced documents are properly defined in the contract.

Ensure any required certifications or licenses are included.

Check for properly formatted and numbered pages, including annexes.


Execution and Signatures

Task

Completed (✓)

Confirm all signatures are present and correctly placed

Verify that each party has the authority to sign the contract.

Ensure the signing date is recorded accurately.

Check for the inclusion of witness or notary requirements (if applicable)


Final Review

Task

Completed (✓)

Proofread the entire document for spelling or grammatical errors

Verify the contract language is unambiguous.

Consult with legal counsel for a final review.

Distribute copies of the fully executed contract to all parties.

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