Why Should My Contracts Be in Writing?

 The information and materials on this blog are provided for general informational purposes only and are not intended to be legal advice. Nothing contained on this blog is legal advice or constitutes a legal opinion. . While it is our goal to provide information which is current, legislative changes and court decisions, among other matters, may result in some information no longer being current or accurate. You should consult a lawyer before relying on any information. The views expressed herein by individual contributing lawyers posting entries to the blog are solely those of the authors and should not necessarily be attributed to or considered representative of the firm of Highlander Law Group Lawyers

Verbal contracts are technically enforceable. You can go to court and obtain a judgement against someone who doesn’t respect a verbal agreement. So why bother getting it in writing? Here are a couple of basic reasons why everyone should use a written agreement instead of relying on a verbal agreement:

1.       Everything must be proven to the judge to make a claim in court. With a written agreement, this is relatively easy because everything is there in black and white. With a verbal agreement, the other party could simply deny that there was any agreement. Even an honest opposing party may have a drastically different recollection of the contents or extent of your agreement. At its best memory is inaccurate and it tends to get worse as time passes.

2.       Your agreement defines everything about your relationship with the other party. Verbal agreements tend to be no more than a few sentences which leaves a great deal open to interpretation. It also creates the possibility that your agreement could change over time. A written agreement is much more comprehensive and is much more likely to have dealt with the variety of issues that might lead to a dispute. It is also fixed in time and remains unchanged unless the parties expressly agree to change in in a subsequent written agreement.

So, while verbal agreements are technically enforceable, you can save a great deal of time and money by having your agreements professionally drafted in writing by a lawyer familiar with Nova Scotia law.

If you would like to discuss the various contracts/agreements used in your business or if you currently use verbal agreements and would like to implement written contracts in your business, we'd be happy to help.  You can call us at (902) 826-3070 to set up a meeting or contact us online.  You can also schedule a no commitment Issue Review Consult for $100+HST where you have the opportunity to explain your situation to a lawyer and get basic advice before deciding whether or not you'd like to retain us.

 

The information and materials on this blog are provided for general informational purposes only and are not intended to be legal advice. Nothing contained on this blog is legal advice or constitutes a legal opinion. . While it is our goal to provide information which is current, legislative changes and court decisions, among other matters, may result in some information no longer being current or accurate. You should consult a lawyer before relying on any information. The views expressed herein by individual contributing lawyers posting entries to the blog are solely those of the authors and should not necessarily be attributed to or considered representative of the firm of Highlander Law Group Lawyers.