I am in the process of selling a multi-million dollar deal. The owner has not signed a legal agreement to pay me a

Asked over 3 years ago - Las Vegas, NV

10% commission, but has sent me an email stating he will pay me 10%. Will this hold up in court if I have to pursue legal action for non-payment.

Attorney answers (2)

  1. Donald Curtis Kudler

    Contributor Level 15

    Answered . I agree with the previous answer. It is best to have a contract setting forth the entire agreement. I would also consider having the sales money placed into an escrow account to ensure your payment - especially where the seller may have some period of time to review the books or otherwise ensure the purchase is appropriate.

    I also suggest that you seek the advise of an experienced contract attorney to avoid future litigation before it's too late.

    /s Donald Kudler

  2. Dillon Gardner Coil

    Contributor Level 9

    Answered . I would never recommend that a client rely on an email as the basis for a contract, let alone a multi-million dollar deal.

    Entering such an agreement without the assistance of a competent contract attorney is an invitation for trouble down the road. Courts will often look at emails and other 'extrinsic' evidence to help determine the intent of the contracting parties, but such informal correspondence generally leaves the court with too many questions unanswered for the email to stand alone as a binding contract.

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