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A Smile and a Handshake

A Smile and a Handshake

In the past, many business and personal agreements were not put into writing, but were finalized by a “smile and a handshake”. Although we may wish that we could return to simpler times, in
today’s world it is best to put agreements in writing. In fact, certain types of agreements must be in writing in order to be enforceable. It is not just about “trusting” the person with whom you are contracting. In the event of some breakdown between the parties, these legal requirements is to provide a basis for a third person to determine the actual intent at the time of the agreement and
to help in resolving disputes that may arise.

Some forms of agreement contain specific elements that must be included. In most legal documents, certain words have a precise, legal meaning. If an agreement is not properly prepared by someone aware of these “technicalities”, even a written agreement may not accomplish what both parties intend.

If you are involved in any form of contract or agreement that is important to you, you should consult an attorney to put it in writing or ask your attorney to review any contract that you have been asked to sign. If you do not have an attorney and have questions about this topic or other legal concerns, please feel free to contact me at your convenience.