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Is a Handshake Agreement Legally Binding in India?

 

Is a Handshake Agreement Legally Binding in India? ⚖️πŸ’Ό

Picture this: You strike a deal, shake hands, and agree on terms. But what if the other party backs out? Can a verbal handshake agreement hold up in court? Let’s dive into the legal side! ✅

#️⃣ #HandshakeDeals #VerbalAgreements #ContractLaw

✅ Is a Verbal Agreement Legally Enforceable?

YES! A verbal agreement can be legally valid in India if it meets these conditions:

πŸ”Ή Offer & Acceptance – A clear mutual agreement exists. 🀝
πŸ”Ή Consideration – Something of value is exchanged (money, services, goods). πŸ’°
πŸ”Ή Free Consent – No coercion, fraud, or undue influence. ⚠️
πŸ”Ή Legal Object – The deal doesn’t involve anything illegal. 🚫

πŸ’‘ While verbal agreements can be enforceable, proving them in court is a challenge! πŸ“œ

#️⃣ #BusinessContracts #HandshakeAgreements #LegalAdvice

πŸ”₯ When is a Handshake Agreement NOT Valid?

If it involves real estate transactions – Property agreements must be in writing. 🏑
If it contradicts a written contract – A signed document overrides verbal terms. πŸ“‘
If it lacks proof – No witnesses, recordings, or emails? Hard to enforce! 🎀
If it’s vague – Unclear terms can lead to disputes. ⚠️

πŸ’‘ A handshake deal may work for small matters, but for big transactions, ALWAYS get it in writing!

#️⃣ #ContractDisputes #LegalContracts #BusinessDeals

πŸ† How to Strengthen a Verbal Agreement?

Want to ensure your handshake deal doesn’t fall apart? Follow these steps:

Confirm in writing – A simple email or WhatsApp message can help. πŸ“§
Have witnesses – A third party can testify in court. πŸ‘€
Record conversations (if legally allowed) – Helps in legal disputes. πŸŽ™️
Convert it into a written contract – The safest option! πŸ“œ

πŸ’‘ When in doubt, put it in writing to avoid future headaches! πŸš€

#️⃣ #LegalProtection #BusinessLaw #ContractTips

πŸ“ž Need Help Drafting a Legally Binding Contract?

Avoid legal risks! LEXIS AND COMPANY can help you draft, review, and enforce contracts to protect your business and agreements. ✅πŸ’Ό

πŸ“ž Call Now: +91-9051112233
🌐 Website: https://www.lexcliq.com

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