How to Create an Enforceable Contract in Florida

How to Create an Enforceable Contract in Florida

Contracts govern many aspects of our personal and business lives, so it’s important to be sure they are legally enforceable. A contract governs the terms of a working relationship, and provides important protections for the parties involved. A good one can help you avoid litigation, or prevail in a lawsuit if a dispute winds up in court.

Here are some tips for creating an enforceable contract in Florida:

Make sure it is written. While verbal agreements can be legally binding, it is always best if your agreements are in writing so any potential for confusion is avoided.

Correctly identify parties. The legal names of the parties entering into the agreement must be correct so it is clear who is responsible for performing the legal obligations set forward in the contract.

Detail the details. All of the rights and obligations of each party should be carefully detailed. If changes are made, the contract should be amended to reflect those changes.

Specify payment terms. The payment terms should be clearly specified and should include any conditions for making payments as well.

Termination. The details for terminating the agreement need to be spelled out for each party.

Dispute resolution. If a dispute arises, there should be language in the agreement that specifies how the parties will resolve the dispute – i.e., through mediation or arbitration.

Contract governance. You will need to choose which state’s laws will govern the contract, especially if the parties are in two different states.

Whether personal or for business use, the best way to ensure you have an enforceable contract in Florida is to work with a Miami business attorney to draft a legally enforceable agreement for your unique situation.

To learn more about creating enforceable contracts, contact one of the experienced Florida business attorneys at Jurado & Farshchian, P.L., at (305) 921-0440, or email us at info@jflawfirm.com.

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