Legal Articles

These Two Types Of Contracts - MUST Be Cast In Stone

In South African law, a number of contracts may be entered into verbally or in written form. It remains the choice of the parties, their requirements and what is convenient for them on whether to conclude their agreement in writing or orally. Sometimes it is about the cost as well. Legal Practitioners charge a fee to draft and facilitate the execution of a contract between the parties.

The Challenge With Writing On Sand - Verbal Agreements

For those who have visited the desert and experienced sand dunes, you have probably seen how quickly their shape changes as the wind blows over them. Some of you have been to the beach and probably written names of your loved ones in the sand along the shoreline, only to have them washed away by an incoming wave. In both cases, what was written or seen is no more.

Welcome, this is the risk of a verbal contract.

Verbal Agreements in South Africa – When are Conversations Binding?

There are many disputes that come from contracts that were based on verbal agreements between two or more parties. Although there is no paper trail that can prove a verbal contract, verbal agreements are as legally binding as written and signed contracts.