California has some unique contract regulations that can allow you to contest even verbal contracts in a court of law. However, if you really want evidence on your side, a professionally drafted and signed contract is going to provide you with a leg to stand on for getting the compensation you deserve.
Additionally, there are some cases where California will not accept a case unless there is a contract. Here is a sampling of the situations that will require you to have a written agreement in place if you want to take someone to court for breach of contract.
- When someone is a cosigner
- If you are selling land
- When your lease agreement extends for more than 12 months
- If services are being sold now but will not be performed in the next 12 months
- For loans when the total amount is over $100,000
These are just a few examples that show a business agreement needs to be in writing.
Plus, contracts and agreements create a deterrent factor. No one wants to be sued for breach of contract. They are much more likely to stick to the agreement if they know they signed a written agreement.
Business Contracts and Agreements for Small Business Owners in San Diego
Most small business owners shy away from contracts because of the expense involved. Pokala Law APC solves this issue by offering affordable legal services to small business owners in the San Diego area. Contact us today at 1.844.695.1487, or request an appointment online to learn more.