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.