A poorly written contract is a significant liability for you and your business. You can avoid the risks and potential consequences caused by an improperly prepared agreement by working with an attorney beginning in the creation stage.
Creating an ironclad agreement is a highly specialized skill, and we take pride in offering this service to our clients. There is no room for ambiguity or confusion in contract creation, so don’t take the chance of finding yourself in contractual hot water.
We don’t just discuss the importance of plainly worded terms; we perform this in our business, too. Our rates are clearly stated upfront in our flat-fee pricing system.
What does a contract need to be valid in Florida?
Your contract cannot involve anything illegal or impossible. While this may seem common sense, the complexity and sheer volume of state and federal laws can lead to gray areas, which is not what you want when creating a contract. Working with legal experts who know how to draft unequivocal terms and leave no room for interpretation is beneficial. A clearly stated contract with no gray areas is crucial for any transaction.
Contracts must also be entered into by capable parties. If one of the individuals involved in the contract cannot understand the terms, then the agreement is invalid. In most cases, this also includes minors under the age of 18.
Are oral contracts legally binding?
They can be. Are they as easy to enforce as a written contract? Not usually. The difficulty comes in proving the terms and conditions of an oral agreement. It is very easy to enter the he-said-she-said realm of arguments if there is a dispute over a verbal contract. However, as a general rule, an oral agreement is legally binding.
As per usual, when dealing with complex legal matters, there are exceptions to this rule. Some types of contracts are required to be in writing. Transactions that involve real estate or extended time frames must meet additional criteria to be considered valid, one of which is being in writing. Our attorneys have over 40 years of combined experience, and we are confident we can help you clear any confusion regarding contract requirements.
What are the elements of a contract?
Aside from plainly stated terms, a few other conditions must be met for a contract to be valid. Each party involved must also have agreed to exchange something of value. There are endless scenarios that could fit within this value designation, so please get in touch with us to discuss the exact details of your unique circumstances. We can determine if this condition has been met and, if not, help you devise reasonable solutions.
Contracts in Florida are also bound by an objective reasonability test. This means that the terms of your agreement must be such that any reasonable person in your situation would have understood and agreed to them.
You do not have to worry about contract wording or legal requirements when you work with us because this is our forte. Call us at 727-477-2255 to schedule a consultation.