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hey guys today were going to talk about verbal agreements also known as oral agreements are they really yes verbal agreements are valid in law okay as long as the four requirements of contract law are satisfied number one there is an offer number two days and acceptance of the offer number three theres intention to create legal relations number four there are there is consideration moving from the two parties there are many losses that have arisen over verbal contracts the lawsuits that Ive done that involve verbal contracts usually involve a main written contract okay but subsequently along the line the parties entered into verbal agreements to add these two add to subtract these two change these two change the payment plan blah blah blah blah Ive never suit someone purely on the verbal contract because it is very difficult to prove to a verbal contract when it comes to lawsuits without documentation of the contract it just becomes a matter of he said she said she said that as a c
