How legally binding is a written agreement?

If an agreement is handwritten, it can still be 100% legal and enforceable by a court of law — with small exceptions.

A contract, regardless of whether it's handwritten or not, needs to tick the the following boxes: A) Mutually agreed by both parties, B) Have legal validity, C) Capacity, D) Consideration.

Regarding exceptions: due to the Statute of Frauds, certain contracts need to be written in order for them to be legally-binding:

  • Land sales
  • Purchases of goods worth more than $500
  • Long-term leases (1 year+)
  • Agreements that cover a period of time that lasts past a party’s death
  • Debt payments
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