Our highly professional business team have vast experience dealing with personal contracts
Personal contracts are legally binding promises made between at least two parties in order to fulfil an obligation in exchange for something of value.
These can be written, oral, or a combination of both. There are some contracts which must be in writing, including the sale of property or a tenancy agreement for more than twelve months.
Contracts ensure that your interests are protected by law and that both parties will fulfil their obligations as promised. If a party breaks the contract, there will be certain solutions available to the parties (known as ‘remedies’).
What is a breach of contract?
Consider the term ‘breach’ synonymous with break, just like the broken word mentioned in the above scenario. Breach of contract can be defined as a broken contract, stemming from failure to fulfil any term of a contract without a justifiable, lawful excuse. A breach of contract might occur when a co-worker refuses to complete her portion of a job; when an employee does something prohibited by his job contract; or even when a customer prevents the contractor from satisfying the obligation or finishing the project at hand.
Personal Contracts | What we do
Where possible, it is best to write a contract down. As a result we can help you write a contract or go through an existing one prior to signing. This helps to ensure that there are no discrepencies or areas of doubt.
If any parties disagree on the terms of the contract or they are unclear, it will be up to a court to decide what those terms meant. The court will then have to look at how the services, promises, and exchanges were carried out in order to identify the parties’ intentions.
Termination of a contract is also equally as important and we would highly recommend speaking with a member of our legal team as ending a contract must be done correctly to avoid unnecessary litigation and claims.
Talk to us today
If you need to talk to someone about personal contracts, whether it is drafting up a new, reviewing or disputing an exisiting one, then take the first step. You can email us at [email protected] or call on 01624 639350 to arrange your free consultation with us today.
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