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Verbal Agreement Alberta

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Verbal Agreement Alberta

In the province of Alberta, verbal agreements or contracts hold legal weight just like written contracts. However, the burden of proof may be challenging since verbal agreements do not have a physical record of their terms.

For a verbal agreement in Alberta to be enforceable, it must meet certain criteria. Firstly, there must be clear and concise terms that both parties agree upon. Secondly, there must be an intention to create a legal relationship, meaning that both parties must intend to be bound by the agreement. Thirdly, there must be some form of consideration, which means one party must benefit from the agreement.

When a dispute arises with a verbal agreement, it can be challenging to prove the terms established between the parties. It is essential to have witnesses to the agreement, any conversations, or any exchanges of information about the agreement. It is also important to gather any supporting documents to prove the agreement, such as receipts, emails, and phone records.

In some situations, a verbal agreement may not be enforceable. For instance, contracts involving the sale of land, long-term leases, and contracts that cannot be performed within a year are required by law to be in writing. Additionally, certain types of agreements require witnesses or a notary public to be present to make them legally binding.

It is advisable to have a written contract when conducting business, but when it is not possible, a verbal agreement can be legally binding. However, it is essential to ensure that the terms are clear, concise, and mutually agreeable.

In conclusion, verbal agreements in Alberta can be enforceable if the parties involved meet certain requirements. Although they may be a convenient option, it is essential to have witnesses and supporting documents to prove their existence. It is always recommended to have a written contract in place to avoid any future disputes.

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