Can You Enforce a Verbal Agreement?
You might know that contracts are always best in writing, but there may come a time that you enter into an agreement with another party without memorializing it in writing. Later, the other party might try to get out of their obligations, claiming that your discussion did not constitute an enforceable contract. Can you enforce the agreement and seek relief if the other party fails to perform? In many cases, the answer is yes. While some contracts must be in writing under the law, verbal agreements are enforceable in certain circumstances, as long as the agreement meets the elements of a contract. Put simply, there must be an offer, acceptance, and consideration for a valid contract. Some instances when you need a written contract to enforce it include: The contract…
