How do I create a verbal contract?

How do I create a verbal contract?

Creating a verbal contract involves a few key steps. First, ensure both parties clearly understand the terms. What agreement are you looking to establish?

I want to agree on a service exchange, like tutoring for dog walking.

Great! Make sure to discuss the specifics, like the duration of the tutoring and how often you'll walk the dog. It's important both parties are on the same page.

Should I document anything after we agree?

While verbal contracts are valid, it's wise to jot down the main points. This can help avoid misunderstandings later.

What if one party doesn't hold up their end of the deal?

If that happens, you can remind them of the agreement. If issues persist, consider discussing it openly or seeking mediation.