We use cookies to improve security, personalize the user experience,
enhance our marketing activities (including cooperating with our marketing partners) and for other
business use.
Click "here" to read our Cookie Policy.
By clicking "Accept" you agree to the use of cookies. Read less
What is a Personal Contract? A Comprehensive Legal Overview
Definition & Meaning
A personal contract is an agreement that binds an individual to perform specific duties or obligations. Unlike typical contracts, personal contracts do not extend to a person's heirs or assignees. This limitation exists because the performance required is unique to the individual and cannot be easily substituted. Additionally, a personal contract may also refer to agreements that bind a representative as an individual, rather than the entity they represent. For example, contracts made by a personal representative of a deceased person typically bind the representative, not the estate itself.
Table of content
Legal Use & context
Personal contracts are commonly encountered in various areas of law, including civil and estate law. They play a significant role in ensuring that obligations are fulfilled by the specific individuals who entered into the agreement. Users can often manage personal contracts through legal templates offered by services like US Legal Forms, which provide ready-to-use documents drafted by qualified attorneys.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
Example 1: A musician signs a personal contract to perform at a concert. The contract specifies that only the musician can fulfill the performance, and it cannot be transferred to another artist.
Example 2: A personal representative of a deceased person's estate enters into a contract to sell property. The contract binds the representative personally, not the estate itself. (hypothetical example)
State-by-state differences
Examples of state differences (not exhaustive):
State
Key Difference
California
Personal contracts may require specific disclosures under state law.
New York
Personal contracts are often subject to stricter enforcement regarding performance standards.
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
Personal Contract
An agreement binding an individual personally.
Does not bind heirs; requires personal performance.
Standard Contract
An agreement that can be assigned to others.
Can be transferred; may not require personal performance.
Common misunderstandings
What to do if this term applies to you
If you are involved in a personal contract, ensure you fully understand your obligations. If you need to create or manage a personal contract, consider using templates from US Legal Forms for guidance. If your situation is complex, it may be beneficial to consult a legal professional for tailored advice.
Find the legal form that fits your case
Browse our library of 85,000+ state-specific legal templates.
Transferability: Not transferable to heirs or assignees
Common uses: Performance contracts, representative agreements
Legal assistance: Recommended for complex situations
Key takeaways
Frequently asked questions
A personal contract is an agreement that binds an individual to perform specific obligations without the ability to transfer those obligations to others.
No, personal contracts are non-transferable and bind only the individual who signed them.
The individual who signed the contract may face legal consequences for failing to meet their obligations.
Yes, services like US Legal Forms offer templates for personal contracts that can help users create legally binding agreements.
It is advisable to consult a legal professional, especially for complex contracts or if you have specific questions about your obligations.