Express Agreement Meaning: Explained for Non-Legal Experts
In the world of legal contracts and agreements, the term „express agreement“ is commonly used. But for those who are not legal experts, it might not be entirely clear what this term means. In this article, we will explore the meaning of express agreement and its importance in legal contracts.
An express agreement is a clear and explicit agreement between two parties. It is a written or verbal agreement, in which the terms and conditions are clearly stated and agreed upon by both parties. An express agreement is also known as an „explicit agreement“, as it is specifically and directly expressed by both parties.
Express agreements can be oral or written, but it is always essential that the terms and conditions of the agreement are communicated clearly and explicitly. This type of agreement is particularly important when it comes to legal contracts, as it helps to avoid misunderstandings and disputes.
One of the key benefits of an express agreement is the clarity it provides. Both parties understand precisely what they are agreeing to, and there are no ambiguities or uncertainties. This can help to prevent disagreements and disputes in the future.
Another advantage of express agreements is that they can be legally binding. As long as certain requirements are met, such as the capacity to enter into an agreement and the absence of undue influence or coercion, the express agreement can be enforced by a court of law.
Examples of express agreements include a written lease agreement for a rental property, a contract for the sale of goods and services, or a partnership agreement between two businesses. In each of these cases, the terms and conditions of the agreement are clearly outlined and agreed upon by both parties.
It is essential to note that an express agreement is distinct from an implied agreement. An implied agreement is not specifically stated, but rather inferred or assumed from the conduct or circumstances of the parties involved. For example, if a person hires a contractor to build a house, there might be an implied agreement that the contractor will use quality materials, even if this is not expressly stated in the contract.
In conclusion, an express agreement is a clear and explicit agreement between two parties, in which the terms and conditions are specifically stated and agreed upon. This type of agreement provides clarity, can be legally binding, and can help to prevent disputes in the future. When entering into a legal contract, it is essential to ensure that the terms are properly expressed and agreed upon by both parties.
