Are Oral Contracts Legally Binding?

Can a handshake deal hold up in court? The short answer—YES! In many cases, oral contracts are just as enforceable as written ones.

But there’s a catch! Some agreements—like real estate contracts, marriage prenups, and deals over $500—usually MUST be in writing under what’s known as the Statute of Frauds.

Without a written contract, proving the terms can be tricky, and to win in court, the terms of the contract must be clear and unambiguous.

Witnesses, later conversations, and actions in accordance with the agreement will help, but it's always safer to get it in writing!

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Видео Are Oral Contracts Legally Binding? канала Matthew Harris Law, PLLC