If the buyer defaults and the contracts are drafted properly then there is an automatic tenant landlord relationship.

As long as it's drafted properly, a will is one of the most iron-clad documents in contract law.

Those who oppose this argument say that properly drafted legislation can draw a firm barrier across the slippery slope.

Properly drafted, such laws punish acts not words, thoughts or opinions.

The properly drafted agreement will contain only those provisions which the partners have discussed fully and agreed upon.

It may be impossible to set aside a properly drafted and executed prenup.

The obvious example is rent review, where the date for payment of the revised rent is found in the lease, provided it has been properly drafted.

That decision, however, was essentially reversed in 1986 by state legislation, which in effect made properly drafted flip taxes or transfer fees legal.

But Mr. Neumark warned that "a deferred compensation agreement has to be drafted properly" to avoid tax problems.

A properly drafted heads of agreement should, however, take care of such conceptual problems.