A Memorandum of Agreement (MOA) is a legally binding document that outlines an agreement between two parties. It defines the contractual terms, responsibilities, and obligations of both parties involved in the agreement. This document may cover a range of topics, including business deals, partnerships, mergers, or other forms of legal exchange. The MOA should clearly define each party’s rights and expectations to help prevent any misunderstanding or miscommunication. By signing off on the document, both parties are agreeing to the conditions laid out within and will be held accountable for upholding their end of the bargain.