Written Contract
/ˈrɪtn ˈkɒntrækt/
Definitions
- (n.) A legally binding agreement that is documented in writing, outlining the obligations and rights of the parties involved.
The parties signed a written contract to formalize their business arrangement.
- (n.) A contract that satisfies the Statute of Frauds by being in writing, thereby making it enforceable in court.
The sale of real estate requires a written contract to be valid.
Forms
- written contracts
Related terms
See also
Commentary
Written contracts provide clear evidence of terms agreed upon, reducing disputes; drafters should ensure clarity and completeness in the document.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.