Macon, GA asked in Contracts for Georgia

Q: How strong is a verbal agreement with strong circumstantial evidence in Georgia?

Business acquired new name with only my name on it. Business account is in my name only. Partner started business two years ago but went in the red and I came in as an equal partner to save it. When I came in there was no assets or money in the business. The lease is in her name only for the building. Everything else was rebranded, remodeled, new furniture and equipment all purchased by me.

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1 Lawyer Answer
Glenn M. Lyon
Glenn M. Lyon
  • Atlanta, GA
  • Licensed in Georgia

A: With a few exceptions that don't apply to your situation, oral agreements are as enforceable as written agreements. However, proving the existence of the agreement and its specific terms is the hard part. Whether you have a good chance of enforcing the agreement is a fact question that cannot be answered on a Q&A forum.

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