What is a contract?

​

A contract is a legally binding agreement that stipulates certain obligations you have towards another party or parties. Contracts can take form in their most traditional sense—a signed document—but can also be made orally, and even by gesture, depending on the circumstances. They require three core criteria: an (1) offer, (2) consideration, or something of value in exchange for the offer, and an (3) acceptance. 

 

When has there been a breach of contract?

​

A party has “breached” the agreement when that party is privy to a contract and fails to perform according to the terms agreed to. Upon finding that a contract exists, deviation from the terms can hold the breaching party liable. 

 

What remedies are available to you?

 

• Rescission: to nullify the contract,

• Money damages: to have the breaching party pay money to the compliant party[ies],

• Specific performance: to have the breaching party comply with the terms of the contract,

• Reformation: to change the terms of the agreement

​

How should I safeguard my interests?

 

Contract disputes, can occur in many contexts: fraud, misunderstandings as to the terms, etc. That’s why it’s the best policy to have and attorney draft and review contracts before deciding to sign something you are unsure of. Aside from guiding you through a contract dispute, we also draft new contracts and revise / review already existing ones to avoid these situations from ever happening. 

 

Contracts can be essential to one’s business and personal life. Whether your landlord may have deviated from the terms of your lease agreement, or your supplier failed to provide you with the amount of product you purchased, such disputes can have a massive impact on a person. As such, it is vital to have experienced attorneys negotiate, and litigate when necessary, on your behalf if you find yourself in such a predicament. If you are considering entering into a contract or think that another party is in breach of an existing contract, you can visit us for a free consultation and discuss with us the situation you are experiencing. We can then determine, together, what options are available for you.

 

 

 

Consultations are always FREE and there is no obligation. Flexible payment options are also offered as a courtesy to our clients. We look forward to meeting with you and have the opportunity to be your sword & shield!