Breach of Verbal Agreement

A verbal agreement is a verbal contract between two parties, which outlines the terms and conditions of an agreement without any physical documentation. It is a legally binding agreement and can be enforced by law. However, in some cases, a breach of a verbal agreement can occur. In this article, we’ll discuss everything you need to know about a breach of verbal agreement.

What is a breach of verbal agreement?

A breach of verbal agreement occurs when one party fails to fulfill the obligations laid out in the verbal agreement. For example, if one party agrees to provide a service and fails to do so, they’re considered to be in breach of the agreement. Similarly, if one party agrees to pay a sum of money and fails to do so, they’re also in breach of the agreement.

What are the consequences of a breach of verbal agreement?

If a breach of verbal agreement occurs, the other party has the right to take legal action. They can either seek damages or specific performance. Damages refer to the monetary compensation awarded to the aggrieved party as compensation for the loss suffered due to the breach. Specific performance refers to the order of the court to have the breaching party fulfill the obligations laid out in the verbal agreement.

How can a breach of verbal agreement be avoided?

To avoid a breach of verbal agreement, it’s important to document the agreement. While a verbal agreement is legally binding, it can be difficult to prove the terms of the agreement in the absence of any documentation. Therefore, it’s advisable to write down the terms of the agreement and have both parties sign the document. This not only serves as evidence of the agreement but also helps to avoid any confusion or misunderstanding about the terms of the agreement.

In conclusion, a breach of verbal agreement can have serious consequences. It’s important to document the agreement and ensure that both parties understand the terms of the agreement. If a breach does occur, the aggrieved party has the right to seek legal action. By taking simple precautions and communicating effectively, you can avoid a breach of verbal agreement and ensure a successful outcome for both parties involved.