oral contract

Handshake deal arrangement

An oral contract is a legally binding agreement made through spoken words rather than written documentation.

Such contracts are generally enforceable but harder to prove in disputes: The handshake deal turned out to be an oral contract that held up in court.

Some agreements—like real estate sales—must be written to be valid.

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documentation method

oral contractwritten contract

Signed legal agreement

written agreement · formal contract · deed · notarized contract · signed document

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