Is an oral contract binding

Answer 1

Yes, both verbal and written agreements can be enforced by law. Verbal agreements are, however, difficult to prove without other evidence. Otherwise anyone could say that another person verbally agreed to something, even if they hadn't. In addition, most states require some written documentation regarding the exchange of land. If there is no writing, the agreement for the sale or exchange of land will not be enforcable.

Answer 2

Generally an oral contract is not legally binding:

• if it involves the sale of land
• if there is a written contract
• if it involves an illegal activity

Under other conditions an oral contract may or may not be legally binding. In order to enforce an oral contract the parties must provide the court with compelling evidence that a contract was created between the parties.

Answer 3

An oral contract can be binding. However, real property and contracts longer than a year must be in writing.