When it comes to business dealings, many prefer to make agreements on paper rather than take someone else's word for it. That's because many business owners here in Florida know that when legal disputes arise because of a contractual agreement, it is far easier to prove something when you have it in writing than it is to play the he-said-she-said game.
With a physical copy of the contract, you can prove when the other party has violated the terms or protect yourself from accusations of the same. But even though having a written contract makes for easier litigation, it's important for our Melbourne readers to know that in Florida, oral or verbal contracts are considered legally binding. You just may require more help from a skilled lawyer though when a dispute does arise.
If you've been paying attention to business news lately, then you know that proving the validity of a verbal contract is at the center of a contentious business dispute between a south Florida business by the name of Young Urban Cuban-Americans, or YUCA for short, and J. Berens & Sons Development Corp., a landowner from which YUCA is currently leasing restaurant space. Although YUCA claims it has a verbal contract with the development company to continue operations until 2020, the development company argues that no such contract exists and believes YUCA should be evicted.
Because J. Berens & Sons Development Corp. is trying to evict YUCA prior to the 2020 date, it'sw believed that the development company is failing to comply with the terms of the contract, which is why the restaurant owner has filed a lawsuit for breach of contract. The challenge ahead lies in proving that a verbal contract exists between the restaurant and the development company, and that by trying to force an eviction, the development company is breaking their end of the deal.
It's a contentious dispute indeed, as many of our readers will agree, but one we hope our readers can learn from.
Sources: The South Florida Business Journal, "YUCA to remain open after landlord says its lease is up," Emon Reiser, April 29, 2015
The Florida Bar, "Legal and Binding Contracts," Accessed April 30, 2015