Legal Implications of Signing a Memorandum of Understanding

Memorandum of Understanding (MOU) is a document used to define the framework for cooperation between two or more parties. It establishes clear guidelines for collaboration, including scope, objectives, responsibilities, and terms of engagement. MOUs are often used in business, academia, and public sector agreements. While they are not always legally enforceable, they play a critical role in fostering trust and mutual understanding. By serving as a preliminary agreement, an MOU ensures that all parties are aligned before proceeding with legally binding commitments, reducing potential conflicts and misinterpretations.