Legal Relationships

When dealing with offer and acceptance, it is essential to any contract that the parties intend to create a legal relationship. This point can be particularly complicated when dealing with social or domestic agreements. For example: a married couple, who had decided to separate, reached the agreement that the husband should take over the wife’s ownership of the house once she had completed the payment of the mortgage. Since the intention to be legally bound existed between the two parties living apart and consideration had been provided, this decision was approved.