Best Contract Lawyers in Philippines
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List of the best lawyers in Philippines
Lagmay Olavere Rae Dino Law Office
BERONGOY & MONTECLAR LAW FIRM
ERLAW
Carpo Law & Associates
DAGSAAN MONTERDE CASTILLO LAW AND NOTARY PUBLIC
Arceo Balmoja & Irasusta Law Firm
BAMA Law Firm
Alpha & Omega Law Corporation
SyCip Salazar Hernandez & Gatmaitan
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Philippines Contract Legal Questions answered by Lawyers
Browse our 20 legal questions about Contract in Philippines and the lawyer answers, or ask your own questions for free.
- Is there any legal agreement about passing your business to another party?
- Greetings! We can assist you with the transfer. May I know the exact location of the business? Thank you very much - JOANNA Law Office [email protected]
- Our Mortgage Lender is claiming for Penalties and interests on our mortgage loan that matured last July 2021.
- Kindly send us an email at [email protected] so we could assist you further. Thanks.
- Refunding down payment; developer increased H&L TCP by 48% of the original and signed pre-selling price
- Greetings! May we know the location of the property? Thank you
About Contract Law in Philippines:
Contract law in the Philippines governs the agreements entered into by parties, establishing their rights and obligations. Contracts may be written or verbal, but it is recommended to have a written contract for clarity and enforcement purposes.
Why You May Need a Lawyer:
You may need a lawyer in Contract law in the Philippines for various reasons, including creating or reviewing contracts, negotiating terms, resolving contract disputes, enforcing contract rights, or seeking remedies for breach of contract.
Local Laws Overview:
In the Philippines, contracts are governed by the Civil Code of the Philippines and other relevant laws and regulations. It is important to be familiar with the requirements and principles of contract law in the Philippines to ensure that your agreements are valid and enforceable.
Frequently Asked Questions:
1. What are the essential elements of a valid contract in the Philippines?
In the Philippines, a valid contract must have the following elements: offer, acceptance, consideration, consent, capacity, and legality of the object.
2. Can a contract be enforced if it is not in writing?
Yes, contracts in the Philippines can be enforced even if they are not in writing. However, it is recommended to have a written contract to avoid misunderstandings and for easier enforcement.
3. What remedies are available for breach of contract in the Philippines?
Remedies for breach of contract in the Philippines may include specific performance, damages, rescission, or nullity of the contract.
4. Are there any specific types of contracts that are prohibited in the Philippines?
Yes, contracts that are against public policy or morality are prohibited in the Philippines. Examples include contracts for illegal activities or contracts that violate laws or regulations.
5. How long is the statute of limitations for breach of contract in the Philippines?
The statute of limitations for breach of contract in the Philippines is generally four years from the time the cause of action accrued.
6. Can a contract be modified or amended after it has been signed?
Yes, contracts in the Philippines can be modified or amended after they have been signed, as long as both parties agree to the changes in writing.
7. Is it necessary to notarize a contract in the Philippines?
Notarization is not required for all contracts in the Philippines, but it can provide additional evidence of the validity and authenticity of the contract.
8. Can a minor enter into a contract in the Philippines?
Minors in the Philippines are generally not capable of entering into valid contracts, except for certain types of contracts allowed by law, such as contracts for necessaries.
9. What is the role of consideration in a contract in the Philippines?
Consideration is an essential element of a valid contract in the Philippines, representing something of value exchanged between the parties as part of the agreement.
10. How can I enforce a contract in the Philippines if the other party breaches it?
If the other party breaches a contract in the Philippines, you can seek legal advice to determine the best course of action, which may include negotiation, mediation, arbitration, or litigation.
Additional Resources:
For more information on contract law in the Philippines, you can consult legal resources such as the Philippine Civil Code, the Supreme Court decisions, or seek guidance from legal practitioners specializing in contracts.
Next Steps:
If you require legal assistance in contract law in the Philippines, it is advisable to consult with a qualified lawyer who can provide tailored advice based on your specific situation. They can help you understand your rights, obligations, and options for resolving contract disputes or enforcing contract rights.
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.