If I make a verbal contract is it legally binding?
If I make a verbal contract is it legally binding?
user
Yes, the only legal requirement for contract formation is meeting the “mutuality of agreement” requirement. A verbal agreement satisfies this requirement.
assistant
Okay but how can we prove anything?
user
You can sign something as a witness and have both parties sign it, or you can simply have the other party sign the agreement in front of a notary. Alternatively, a verbal agreement can be transformed into a written agreement by having the parties agree on a document and have it be signed by both parties.
assistant
Okay but it might be hard to prove if it's only verbal right?
user