When should I use written agreements instead of verbal ones?

When should I use written agreements instead of verbal ones?

It's best to use written agreements when the terms are complex, involve significant commitments, or need to be legally enforceable.

Can you give me examples of situations where a written agreement is necessary?

Sure! Examples include rental agreements, employment contracts, and any business deals involving large sums of money.

What are the risks of relying on verbal agreements?

Verbal agreements can lead to misunderstandings, lack of proof, and difficulties in enforcing terms if disputes arise.

How can I ensure my written agreements are legally binding?

To ensure they're binding, include clear terms, have both parties sign, and consider having them witnessed or notarized.