Contracts F.A.Q.
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A legally binding contract is an agreement between two or more parties that is enforceable by law. It requires an offer, acceptance, consideration (something of value), and an intention to create legal relations.
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Not always. Many verbal contracts are enforceable, but certain types - such as those involving real estate or lasting longer than one year - must be in writing under Ontario law.
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Yes, but poorly drafted contracts can lead to disputes or unenforceability. It’s best to have a lawyer review or prepare your contract to protect your interests.
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A contract may be unenforceable if it lacks consent, is vague, contains illegal terms, or if one party lacked capacity to agree (e.g., due to age or mental incapacity).
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All contracts are agreements, but not all agreements are contracts. A contract is an agreement that is legally enforceable.
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We draft clear, customized contracts tailored to your needs and ensure your rights and obligations are legally sound and enforceable.
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Usually, no. Once signed, a contract is binding. Some contracts may have cancellation clauses or cooling-off periods - especially in consumer agreements.
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You may be entitled to remedies such as damages, specific performance (forcing the other party to comply), or termination of the contract. We can advise and act for you in these cases.
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Standard terms often include payment terms, termination clauses, dispute resolution, warranties, and confidentiality. These can vary depending on the contract type.
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Yes, especially if the contract involves significant obligations or risks. We can identify hidden liabilities and negotiate better terms for you.
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Yes, but any changes must be agreed upon by all parties and should be documented in writing (an amendment or addendum).
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Templates may not comply with Ontario law or suit your specific situation. They can leave you exposed to legal risk or disputes.
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These clauses restrict what a party can do after the contract ends. We help ensure such clauses are fair and enforceable under Ontario law.