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It depends on what the agreement is to do. There are many exceptions requiring contracts to be in writing for certain things, but unless the contract is included in that requirement, writing is not required to bind the parties.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoA verbal agreement for what? And for how much? All agreements dealing with real property (land, buildings and similar) have to be in writing to be enforced. Depending upon the specific state items above a set value, $10,000 is one such limit, they also have to be in writing to be enforced.
Two other key items deal with the existence of clauses in any existing written contract, including the Parole Evidence clause.
Wiki User
∙ 13y agoDepends on what you're agreeing.
Agreements for the sale of land, for example, must be in writing. The same is true for contracts of guarantee.
If you're agreeing "i'll lend you $x if you pay it back at y%/annum" then your only difficulty will be in proving that you both did actually say that, and avoiding a "what? I don't remember agreeing to that" situation.
Wiki User
∙ 6y agoA verbal agreement may constitute a binding agreement or contract although it must meet certain requirements. Whether the parties have a valid contract is a determination that must be made by a judge. Some agreements must be in writing in order to be binding. These include transactions regarding real estate and an agreement to make a Will.
Wiki User
∙ 6y agoA verbal agreement may constitute a binding agreement or contract although it must meet certain requirements. Whether the parties have a valid contract is a determination that must be made by a judge. Some agreements must be in writing in order to be binding. These include transactions regarding real estate and an agreement to make a Will.
Wiki User
∙ 10y agoWiki User
∙ 9y agoIn any state a verbal agreement is very hard to enforce, and this includes New Jersey. A verbal agreement is a contract, but it is better to have a written contract.
Wiki User
∙ 8y agoAn oral agreement can be enforced. It cannot, however, violate the statute of frauds.
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Is a verbal agreement legally binding in Florida?
No. Not Florida, but maybe Texas. A verbal agreement, like a wedding vow would be binding. To "unwind" the verbal agreement will probably require a divorce lawyer.
Is a verbal agreement legally binding in CT?
If two people, in front of an attornery, come to a verbal agreement. How much weight will this hold if it is disbuted?
Is a verbal agreement binding in Arkansas?
Verbal agreements are not binding anywhere.
In the state of Arizona a verbal agreement IS legally binding?
No, a contract must be in writing. (You can lie all you want to!)
Is a verbal rental agreement binding in Virginia?
What you are creating is more of a "Gentleman's Agreement" than a contract. It is not legally binding but depending on the conditions, if both parties trust one another, it could work for a simple room agreement.
Is a verbal agreement legally binding in Missouri?
It depends upon what you are talking about. For real property contracts, the buying and selling of land, no, a verbal is never enough. You should consult an attorney in your state for specific details.
Is a verbal agreement over the phone legally binding in Nassau County?
Not unless you have a recording of the phonecall as evidence and a judge rules in your favor.
What is verbal agreement?
An verbal agreement is something two or more parties have agreed to do, agreed not to do or an arrangement made verbally and not in writing. In some jurisdictions a verbal agreement can be binding if there are truthworthy witesses to it, in other jurisdictions it may not be binding.
What is an unwritten agreement that are legally enforceablecalled?
An unwritten, legally enforceable agreement is usually called a verbal contract.
What is legally binding in a employment contract?
Yes, a verbal agreement is legally binding. However it can be difficult to enforce because there is no fixed record of the terms, only the word, and memories, of the parties to the agreement.
In Kentucky is a verbal agreement legally binding?
A properly written contract, signed by both parties, is tangible evidence of an agreement that is indisputably "legally binding".Generally, the problem with verbal agreements is that there is no evidence they exist. There is only a "he said, and he said" situation. In order to bind the other party to a verbal agreement, the moving party would need to bring an action in a court of equity and provide the judge with enough outside evidence that there was a verbal contract between the parties and the other party has breached it. Without compelling outside evidence such as witnesses, the judge cannot find that any contract existed between the parties.
Is a verbal agreement in Scotland binding?
Yes, as long as it was validly executed by the parties and constitutes a legal agreement.
