Contracts are essential in both personal and business transactions, serving as legally binding agreements that outline the rights and responsibilities of the parties involved. Generally, Trinidad and Tobago law imposes no formal requirements and looks simply for an agreement between two parties. Consequently, contracts generally do not have to be put into writing, or be signed, nor does any particular form of words have to be used. However, it is important to recognise that omitting these elements can complicate the determination of whether an agreement exists and its associated terms. To ensure the validity of your contract under Trinidad and Tobago law, it's crucial to consider key elements and factors. This guide aims to walk you through the steps to make a legally valid contract in Trinidad and Tobago.
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November 2024
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