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Using Contract Templates - Risks and What to Consider Before Using Them

A contract template can be a useful starting point. It becomes risky when the document is treated as finished before anyone checks whether it matches the transaction, the parties and the rules that apply in Latvia.

Section 1492 of Latvia’s Civil Law states that, when drafting a written document recording a transaction, the parties are not bound by prescribed templates. The relevant question is therefore not whether a document looks legal, but whether it accurately records the particular transaction.

Section 1404 identifies the participants, subject matter, expression of intent, components and form as matters to consider in a transaction.

Parties generally choose the form of a transaction, except where the law requires a particular form. If the law requires that form, or the parties made the transaction’s validity depend on it, failure to comply renders the transaction invalid (Sections 1473–1475).

Main Risks When Using Contract Templates

A finished-looking contract can create false confidence. It may retain foreign references, blank fields or conflicting alternatives, refer to missing schedules, and fail to reflect what the parties actually agreed. The check below helps identify those problems before signing.

A practical template check

Template check

What to compare

Warning sign

Source, country and version

Is it clear who prepared the template, for which country and when?

There is no source or version date, or a foreign authority, currency or process remains

Blanks and alternative wording

Is every field completed and only the agreed option retained?

Brackets, placeholders or mutually exclusive alternatives remain

Party names and roles

Are the same parties named consistently throughout the document?

The same party has different labels or an undefined role

Subject matter and schedules

Is the transaction identifiable and every referenced schedule attached?

The text refers to a missing schedule or a different version

Amounts, deadlines and triggers

Do they match in the main text, tables and schedules?

Different amounts or deadlines remain in different places

Handover and acceptance

Does the process match how the parties will actually hand over and accept performance?

The template requires a record or step the parties do not plan to use

Amendments and termination

Is there one clear process without conflicting alternatives?

One clause requires a written agreement while another allows verbal changes

Use the broader contract terms checklist to test whether the agreement is specific enough to use in practice.

When a template may be enough to start with

A template may save time in a straightforward situation when:

  • its intended transaction and audience are clear;
  • it contains no unexplained references to another country;
  • both parties understand every term they keep;
  • blank fields are completed or removed;
  • the written document matches what the parties actually agreed;
  • relevant schedules and handover records are attached.

Substantial adaptation is usually needed when a transaction has staged payments, several deliverables, financing, co-owners, unusual liability arrangements or work completed in phases. Individual advice may be appropriate when the value or consequences are significant, a foreign element is involved, the parties disagree about risk, or the required legal form is uncertain.

contract templates
Photo: Pexels.com / Kindel Media

Three fictional examples of missing detail

The following examples are fictional and show what information may be missing. They are not universal clauses and should not be copied without checking the particular agreement.

1. The payment clock has no starting point

Unclear: “The customer shall pay within 30 days.”

This does not say whether time runs from signing, invoice receipt, completion or acceptance.

Fictional clarification: “The customer shall pay by bank transfer within 10 calendar days after both parties sign the work acceptance record.”

Before using wording like this, the parties still need to decide whether acceptance is the correct payment trigger and whether the period fits their transaction.

contract template risks
Photo: Pexels.com / Polina Zimmerman

2. The item or service is not identified precisely

Unclear: “The seller sells the car in its present condition.”

The document does not identify the vehicle, price, known defects, recorded mileage or included accessories.

Fictional approach: record the full VIN, registration number, price and payment method in the sale agreement. Record the odometer reading, visible defects, number of keys, included tyre set and exact handover time in the handover certificate.

Recording a statement does not prove that it is accurate. Both parties should inspect and confirm the underlying facts before signing.

3. Conflicting alternatives remain or a referenced schedule is missing

Unclear template: the text retains both “Payment is due within 10 days” and “Payment is due within 30 days”, while the scope refers to a missing “Schedule 1”.

It is unclear which payment deadline applies and what scope the parties agreed.

Fictional clarification: the parties retain only one agreed payment deadline. They keep the reference to Schedule 1 only if it is attached, numbered and identical for both parties; otherwise, they describe the scope in the agreement.

contract templates online
Photo: Pexels.com / Kampus Production

Adapt the document to the actual transaction

Two documents with the same title may need very different content. A residential rental agreement may need clear treatment of rent, utilities, security deposit, property condition and termination. A renovation agreement may need a scope, estimate, material responsibilities, approval of extra work and acceptance procedure. A vehicle sale requires reliable identification of the vehicle and a record of payment and handover.

For a task-specific example, see the guide to common apartment rental agreement mistakes.

Remove ambiguity before signing

Do not leave unexplained blank fields, mutually exclusive alternatives or wording that neither party can explain. If a provision does not apply, remove it or mark it clearly as not applicable. If the parties have not reached agreement on an issue, a template cannot make that decision for them.

Before signing, both parties can review the final document in the same order:

  1. compare party and subject details with source documents;
  2. verify amounts, dates and the event that starts each deadline;
  3. confirm every referenced schedule is attached;
  4. make sure both parties can see all edits;
  5. keep the same final signed version.

How Doqubit Helps You Prepare a Contract

Doqubit provides a guided process for common standard situations. You choose the document type and answer step-by-step questions about the transaction. The platform uses the information you enter to prepare a structured contract draft that you can review and refine if needed.

You do not have to build the contract structure from scratch. You can download the draft and, if needed, edit the DOCX version in a compatible word processor. Then send the file to the other party so both sides can review the same version before signing.

Doqubit is designed for standard situations and does not replace individual legal advice. Check the information you enter and the final text; a non-standard transaction or one requiring a particular form, notarisation or another formality may need additional professional support.

Next Step — A Simpler Way to Prepare a Contract

If you do not want to start with a blank file or a random template, browse the available contract types. For the practical steps, read how to create a contract online step by step.

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