Verbal Agreement Alberta

So why do lawyers insist that agreements be drawn up, signed, dated and testified in writing? It is not because these things are necessary to reach a binding agreement. It is intended to ensure that there is no uncertainty as to the existence of an agreement or ambiguity as to the terms of that agreement. Most oral contracts are legally binding. There are, however, some exceptions, depending on the design of the contract and the subject matter of the contract. In many cases, it is best to establish a written agreement to avoid litigation. This last point can obviously be more difficult to prove; This does not mean that an oral agreement is not legally binding – it simply means that it can be difficult to implement from a convincing point of view. .

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