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Put simply: yes. From a legal standpoint, verbal contracts can often be as valid as written contracts. They may be extremely difficult to regulate but you should find comfort in knowing that there are applicable state and federal laws that can help enforce such contracts and protect your legal rights.
A contract, whether written or oral, is only enforceable if the essential terms of the contract are clear and certain. The contract must be sufficiently definite and detailed as to what actions all parties are obligated to perform.
If a person does not fulfill their part of the verbal contract, there may be grounds to sue?but it will depend on the overall nature of the agreement and stipulations involved. If you believe another party violated your valid verbal contract, do not hesitate to get legal help you can trust.
4 Elements of a Breach of Contract Claim (and more) The existence of a contract; Performance by the plaintiff or some justification for nonperformance; Failure to perform the contract by the defendant; and, Resulting damages to the plaintiff.
The contract must be sufficiently definite and detailed as to what actions all parties are obligated to perform. The contract must also be adequate enough for a court to determine the purpose and intention of the parties in order for an oral contract to be enforced.
You may pursue a lawsuit when a person reneges on a valid and enforceable verbal agreement. First, determine if there is a valid oral contract. An oral contract is valid when there is evidence of an offer made, the offer was accepted, and the parties exchanged value.
In general, a verbal agreement is enforceable, but requires four factors to be true. Promises made without consideration generally do not bind the parties to the promise under Washington State law. The counterpart is an exchange of advantages and disadvantages by each party.
Depending on the state, written contracts have about an eight to ten year statute of limitations, while verbal contracts have one to three. There is also a doctrine called the statute of frauds, and it says land sales must be in writing.