Verbal Agreements in Florida Law: What You Need to Know

Verbal agreements can be a convenient way to quickly agree to terms without the formality of a written contract. However, it’s important to understand Florida law regarding verbal agreements to ensure your agreement is enforceable.

In Florida, verbal agreements are generally enforceable, but there are certain exceptions. The main exception is for contracts that fall under the statute of frauds. The statute of frauds requires certain contracts to be in writing in order to be enforceable. These contracts include:

– Contracts for the sale of real estate

– Contracts that cannot be performed within a year

– Contracts for the sale of goods greater than $500

– Contracts for the lease of real estate for more than one year

– Contracts for the sale of securities

If your verbal agreement falls under one of these categories, it will not be legally enforceable unless it is in writing.

It’s also important to note that verbal agreements can be difficult to prove in court. Without a written agreement, it may be difficult to prove the terms of the agreement or that the agreement even existed. In the event of a dispute, it’s always best to have a written agreement to reference.

Additionally, it’s important to ensure that both parties fully understand and agree to the terms of the agreement. If there is any ambiguity or misunderstanding, it can lead to disputes and legal issues.

Overall, while verbal agreements may be convenient, it’s always best to have a written agreement when dealing with significant agreements, particularly those falling under the statute of frauds. This ensures that all parties are on the same page and that the terms of the agreement are legally enforceable.

In conclusion, before entering into a verbal agreement, it’s important to consider whether the agreement falls under the statute of frauds and whether a written agreement would be the best option. Understanding Florida law regarding verbal agreements can help protect both parties in the event of a dispute.