The days of doing business with a simple handshake are over – or at least they should be over.
When entering a business agreement, it is always best to have a legally binding contract in place.
Whether you are attempting to purchase real estate or use the services of another company, rely on a valid contract that sets forth the intentions and obligations of all parties involved.
What is a “legally binding” contract?
A legally binding contract is a written agreement between two or more parties that is enforceable by law.
To be considered binding, every contract in Florida must have 3 essential elements. (If your contract is missing any of the 3 elements, it is not valid and cannot be enforced.)
Regardless of the nature of your business, having contracts in place can be essential to your company’s success. Now is a great time to re-evaluate the written agreements you are relying on.
Contact our business lawyers for help negotiating deals, drafting and enforcing contract terms.
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