Recorded agreement – within the meaning, given by the Law of Contracts, in many legal systems the recorded agreement details a concluded contract, which then has been also witnessed by a notary public. It could be also published in the particular public Register. So the third parties can be informed about it and respectively obey the relations between the parties who concluded it.
Recorded contracts are strong proofs in court. These consist of non-questionable information about the reached agreements and about the circumstances listed in it. Therefore parties use to sign agreements in such form in order to protect their legal interests better.
*It is always advisable to ask a lawyer to prepare a contract which you are about to sign. Lawyers can protect your interests in relation to the terms and conditions of contracts.
See also “Law of Contracts”