What are the Elements of a Valid Contract in the State of Florida?

---

What are the Elements of a Valid Contract in the State of Florida?

In the State of Florida, there are certain elements that must be present in order to have a valid contract.

First of all, a contract is an agreement either between two people or between two corporations. One party agrees to perform a service or provide goods in exchange for money. Because of the agreement, there must be “an offer” and acceptance between the parties. No offer and acceptance; no contract.

There are also “terms” to the contract that must be met. All contracts should have a beginning and an end date.

Contracts can be written or oral depending on the type of contract. For example, real estate contracts or contracts that cannot be performed within a year from the date of the contract, must be in writing.

Written contracts will always be more self-protective and easier to enforce than oral contracts. Oral contracts can sometimes come down to a “he” said, “she said” type of thing which will be difficult to prove in court.

It is always a good thing not to sign any contract without consulting your Orlando Contract Law Attorney, Steen James Brown, 407.344.3400. Someone can present a contract to you with legal language in it, you may not understand. It is never a good idea to sign a contract you do not understand, nor leave it up to the other party to tell you what his/her interpretation of the contract is. Consult your Orlando Contract Law Attorney first to ensure that you have every protection you need under the law before signing that contract!

---

"taking care of BUSINESS!"

Call Orlando and Central Florida Business Law Attorney, Steen Brown today at 407.344.3400 to schedule a confidential legal consultation.