how strong is a personal written contract in a court of law?

[Semidevil]

so suppose me and my ex sign a contract regarding financial obligations. I.E, the contract specifically states that I give her $$ amount, and she accepts this amount and releases me fully of all liability, claims, etc etc, is this contract that we both sign considered legal and binding? I.E, does it hold up in the court of law?

Is it necessary to have the signatures witnessed by someone or in front of a notary?

 

[orakle]

Should be good like that, notarization would be a plus.

 

[se7en]

I wouldn't think a notary would be required but a neutral witness would be a good idea.

 

[Modelworks]

A witness would make it hold up better, someone who would not have something to gain. A notary even better than that and usually just a couple $ to do.

 

[Vette73]

Depends on the state, amount it covers, and also time frame.

In some states if the contract has a period over 1 year and/or $10,000 in value then there are other rights that the contract can not cover/remove.



But if less then 1year/10k then just get a notary to cover it and make copies for both. Also make sure you keep reciepts as a contrcat is just the rule, if you don;t have proof you lived up to your part then it will go against you, not protect you.

 

[Mr.IncrediblyBored]

Is there a child involved? If so, watch the courts throw your contract out the window.

 

[Semidevil]

Originally posted by: KnightBreed
Is there a child involved? If so, watch the courts throw your contract out the window.

fortunately, no kids involved.

 

[Alienwho]

A contract is a contract. It can be written on a napkin at a bar for all the court cares. As long as neither party denies actually signing the contract no notory or 3rd witness would really matter.