Understanding Certain Contracts: Legal Insights and Definitions

Definition & Meaning

A certain contract is a type of agreement where the obligations depend on the will of the parties involved. This means that the actions required under the contract may rely on the desires or decisions of one or more parties, the usual course of events, or the occurrence of a specific event that has been agreed upon. These contracts are often flexible and can adapt to the circumstances surrounding the parties' intentions.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A couple agrees to sell their house, but the sale is contingent upon the buyer securing financing. This is a certain contract because the obligation to complete the sale depends on the buyer's ability to obtain a loan.

Example 2: A freelance graphic designer agrees to complete a project, but the start date is contingent upon the client providing necessary materials. This is also a certain contract as the designer's obligation is tied to the client's actions.

State-by-state differences

Examples of state differences (not exhaustive):

State Key Differences
California Allows for oral certain contracts in many situations.
New York Requires certain contracts to be in writing for enforceability in specific cases.

This is not a complete list. State laws vary and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Key Differences
Certain Contracts Contracts dependent on the will of the parties. Flexibility based on mutual agreement.
Unilateral Contracts Contracts where one party makes a promise in exchange for an act. Only one party is bound to fulfill their obligation.
Bilateral Contracts Contracts where both parties make promises to each other. Both parties are obligated to fulfill their promises.

What to do if this term applies to you

If you find yourself needing to create or manage a certain contract, consider the following steps:

  • Clearly outline the terms and conditions agreed upon by all parties.
  • Use legal templates from US Legal Forms to ensure your contract meets necessary legal standards.
  • If your situation is complex, consult a legal professional for tailored advice.

Quick facts

  • Common in civil and commercial agreements.
  • May depend on specific events or actions.
  • Flexibility in terms of obligations based on mutual agreement.

Key takeaways

Frequently asked questions

A certain contract is an agreement that relies on the will of the parties involved, allowing for flexibility in obligations.