Tag

Subject to Contract

Importance of the expression ‘subject to contract’

Oct 2013 Whether you are negotiating a commercial agreement or the settlement of a commercial dispute, if you don’t want your offer or acceptance to be legally binding unless and until various other issues are addressed and agreed, you should make it very clear in writing. But you do not need to go into great detail setting out the kinds of things that still need to be agreed. All you need to do is use the magic expression ‘subject to contract’...