Scottsdale and Phoenix, Arizona Contract Attorney- Contract Drafting & Review
DISCLAIMER: This site and any information contained herein are intended for informational purposes only and should not be construed as legal advice. Seek competent legal counsel for advice on any legal matter.
Our law office represents clients throughout the Phoenix, Arizona area including the cities of Scottsdale, Maricopa, Mesa, Surprise, Paradise Valley, Avondale, Gilbert, Chandler, Glendale, Florence, New River, Fountain Hills, Peoria, Surprise, Queen Creek, Tempe, Sun City, Apache Junction, and Casa Grande. We serve the counties of Maricopa, Yavapai, Gila, Pinal, La Paz, Yuma, and Pima County.
Law Office Of
Joseph A. Velez
480.710.5079
Real Estate & Business Law Attorney
The Law Office of Joseph Velez
Commercial Real Estate & Business Law Attorney
Scottsdale Financial Center
7272 E. Indian School Rd., Suite 111
Scottsdale, Arizona 85251
480.710.5079
Statute of Fraud
While it is easy to have someone agree to specific terms, verbally or written, the terms are only binding if they align with the Statute of Fraud. What is the Statute of Fraud? The Statute of Fraud explains that a contract is binding if and only if it meets two requirements (a) “There must be evidence by some sort of written document, and (b) they must be signed by the party to be charged before they are enforceable.” It is important to have an experienced business attorney review your contract against these guidelines. These requirements, if not followed, may create possible defenses and leverage that can be used in any breach of contract dispute.
The Statute of Fraud does not require a formal written contract- an outline, summary or memorandum will suffice. This leaves room for error.
When determining the terms of a contract it is best to review them with a skilled eye to ensure they are legally binding. Furthermore, the document is not required to be signed by both parties, only by the party that is to be charged. In this situation only the signee is bound by the contract. This makes it important to work with an attorney during the contract drafting and executing process to ensure the both parties are held liable. There are six (6) specific types of contracts that must be in writing in order to be enforceable. It is advised to have your contract reviewed against these types to ensure it is legal and binding.
Arizona Business Law Attorney, Joseph A. Velez is experienced in contract drafting and review. If you have any questions or disputes surrounding a contract contact our office for a consultation.
