Contracts and Your Land

What is a contract?

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A contract is a pledge between two parties that can be enforced by law. Any type of promise can be made official through a contract, like marriage and adoption, but often contracts involve an exchange of goods and services, and money or something of value. The purpose of the contract is to outline the expectations of each person entering into the agreement, so that there are no surprises and the relationship proceeds smoothly.

Contracts can be oral or written, and both may be binding legally, but in order to enforce a contract through the justice system you need proof that it exists. A written contract is its own proof, and for that reason is generally preferable. A written contract also can help two parties avoid misunderstandings and miscommunications that can arise with oral communication. 

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