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min. read

25 Types of Contracts That Our AI Can Review

By
Jeffrey D
Lawyer and Advocate
Last update:
September 11, 2024

Review any Contract With AI Before you Sign it

Build Local Employment Contracts

Did you receive a new contract to sign? Are you wondering if the terms contained in the contract are fair? Or do you simply just want to know what the legalese in your contract means for you?

Many individuals in your shoes might just sign the contract in front of them and not ask a lawyer for advice because lawyers are expensive, especially for individuals and small business.

goHeather is an alternative! goHeather is lawyer-made AI that scans all kinds of contracts for red flags, enforceability and unfairness in a cost-effective manner, providing you legal information that you can action yourself, not legal advice. We offer free tiers and low monthly fee premium tiers.

What is goHeather AI Contract Review?

goHeather is an AI that can quickly review any type of contract anywhere in the world, providing an array of informational insights and tips on your contract, in order of risk, from your side's perspective. We use a special lawyer-trained AI that reviews your contract in the context of the local rules and standards in your jurisdiction.

Although goHeather is not a lawyer, the benefits of using goHeather AI for personal or small business contract review are many: 

  • Efficiency: Reduce the time spent on contract reviews from hours to minutes.
  • Cost-Effectiveness: Save on legal fees by using AI for initial reviews for informational purposes. Always consider a lawyer after using our AI contract review service if your matter is complex.
  • Risk Mitigation: Identify potential legal and financial risks in contracts.
  • Accessibility: Make legal reviews more accessible for small businesses and individuals.

goHeather offers free AI contract analysis for any kind of contract in every part of the world that you can try right now here. Simply upload a PDF and review our lawyer-trained AI informational insights.

Having introduced our goHeather AI contract review software, here are what kinds of typical contracts we can review for you right now, among others, in any jurisdiction in the world:

Types of Contracts AI can Review

  1. Service Contracts AI Review: These agreements are used when one party agrees to provide a service to another. They are prevalent in industries like construction, consulting, and freelancing.
  2. Sales Contracts AI Review: These detail the terms of a transaction of goods. They are used in retail and wholesale transactions, covering everything from consumer goods to industrial equipment.
  3. Lease Agreements AI Review: Common in real estate, these contracts are used for renting residential (like apartments) or commercial (like office space). Vehicle leases are another common form.
  4. Employment Contracts AI Review: These outline the terms of employment between an employer and an employee, including salary, duties, duration, and grounds for termination.
  5. Non-Disclosure Agreements (NDAs) AI Review: These are used to protect sensitive information. They are common in business settings where confidential information is shared, such as in partnerships or hiring new employees.
  6. Loan Agreements AI Review: These are used when one party lends money to another. They specify the loan terms, including interest rates, repayment schedule, and consequences of non-payment.
  7. Partnership Agreements AI Review: Used in business, these outline the terms of a partnership, including the responsibilities of each partner, profit sharing, and how decisions are made.
  8. Licensing Agreements AI Review: These allow one party to use another party's property (intellectual property, for example) under certain conditions. They are common in technology, media, and brand collaborations.
  9. Insurance Contracts AI Review: These are agreements between an individual or entity and an insurance company detailing the terms for payment in the event of a loss.
  10. Purchase Orders AI Review: Common in business-to-business transactions, these are commercial documents issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
  11. Franchise Agreements AI Review: These are used when a business (franchisor) allows another party (franchisee) to operate a franchise using the brand and business model of the franchisor.
  12. Joint Venture Agreements AI Review: These contracts are between two or more parties who agree to combine resources for a specific task or business venture, often limited in scope and duration.
  13. Indemnity Agreements AI Review: These are designed to protect one party from financial loss or liability, typically used in situations with potential loss or damage.
  14. Consulting Agreements AI Review: Used when a business hires a consultant to provide expert advice or services, detailing the terms of the consultant's services, payment, and contract duration.
  15. Distribution Agreements AI Review: These outline the terms under which a distributor may sell or distribute a manufacturer's products, often including territories, pricing, and distribution channels.
  16. Confidentiality Agreements AI Review: Similar to NDAs, these contracts are used to protect sensitive information, often in employment, business negotiations, or trade secret protection.
  17. Property Management Agreements AI Review: Used in real estate, these contracts are between property owners and the companies or individuals hired to manage the property.
  18. Construction Contracts AI Review: These are comprehensive agreements for construction projects detailing the work to be done, materials, timelines, payment schedules, and other project specifics.
  19. Shareholder Agreements AI Review: In a corporation, these contracts specify the rights and obligations of shareholders, often including how the company is managed and how shares can be bought and sold.
  20. Subscription Agreements AI Review: Common in software and services, these detail the terms for subscribing to a service, often including duration, fees, and usage limits.
  21. Advertising Agreements AI Review: These contracts are between advertisers and the mediums they use to advertise (like websites, TV stations, or magazines), detailing the terms of advertising, including placement, duration, and cost.
  22. Bill of Sale AI Review: This is a simple document used in the sale of goods, transferring ownership from the seller to the buyer.
  23. Non-Compete Agreements AI Review: Often part of employment contracts, these prevent employees from entering into competition with their employer during or after employment.
  24. Settlement Agreements AI Review: These are used to resolve disputes and lawsuits, where parties agree to a resolution, often involving payment or other terms, in exchange for dropping legal claims.
  25. Merger and Acquisition Agreements AI Review: These complex contracts are used when companies merge or when one company acquires another, detailing the terms of the merger or acquisition.

Even more, our Document Review AI can review all these documents all at once and in bulk, for transactions and litigations, organizing each document for risk, privilege, relevancy and key info. And at the end, put it into one neat summary.

goHeather has a free AI contract analysis trial for any kind of contract in every part of the world  here. Try today for free!

goHeather is an AI, not a lawyer. goHeather provides legal information, not legal advice. Our AI can have errors and omissions. Use goHeather as a starting point and always consider retaining a lawyer.

About the author

Jeff is a lawyer in Toronto and he is a co-founder of goHeather. Jeff is a frequent lecturer on commercial and employment law and AI for law firms, and is the author of a commercial law textbook and various trade journal articles. Jeff is interested in business, technology and law.

By
Jeffrey D
Lawyer and Advocate

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