trực tiếp bóng đá hôm nay risk of losing property when concluding an oral contract in Vietnam

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trực tiếp bóng đá hôm nay practice of entering into oral contracts regarding assets is becoming very common in society. Many people choose to enter into contracts in this form due to trust and familiarity. However, in practice, entering into oral contracts can easily lead to disputes that affect trực tiếp bóng đá hôm nay rights of trực tiếp bóng đá hôm nay parties involved, and in some cases, there is a risk of losing assets.

Legal consequences of entering into oral contracts in Vietnam

In reality, for simple and uncomplicated transactions with low value, people mainly agree orally with each other due to trust. This has become a habit for many people, who are unaware that entering into contracts in this form carries many risks and does not fully guarantee their legal rights and interests.

According to regulations, oral contracts are only recognized by civil law in cases where it is not mandatory to have a written agreement. Participants in trực tiếp bóng đá hôm nay transaction must have full legal capacity and a voluntary spirit, and trực tiếp bóng đá hôm nay purpose and content must not be contrary to trực tiếp bóng đá hôm nay law and ethics. In principle, this is also considered a contract and has binding legal effects on both parties. Therefore, oral contracts in certain cases still have legal validity.

In addition, contracts with specific regulations, such as labor contracts, land use rights transfer contracts, power of attorney contracts, etc., are only legally valid when entered into in writing. Even for transactions related to real estate, notarization or authentication must be performed for legal validity.

Due to trực tiếp bóng đá hôm nay incomplete and vague nature of trực tiếp bóng đá hôm nay transaction content, when entering into oral contracts, parties only quickly agree on certain key points without anticipating trực tiếp bóng đá hôm nay potential situations that may arise during trực tiếp bóng đá hôm nay contract execution, as well as compensation in case of disputes or damages. Entering into oral contracts can lead to many consequences, especially disputes, and it is difficult to prove trực tiếp bóng đá hôm nay content of trực tiếp bóng đá hôm nay previous transaction to seek legal protection for trực tiếp bóng đá hôm nay parties' rights and legitimate interests.

When trực tiếp bóng đá hôm nay court requires evidence, trực tiếp bóng đá hôm nay parties involved also have no documents to provide. If they want to file a lawsuit but cannot present evidence, trực tiếp bóng đá hôm nay lawsuit cannot be pursued. At trực tiếp bóng đá hôm nay same time, agreements made verbally have very low evidentiary value, and if brought to court, it will be difficult to prove trực tiếp bóng đá hôm nay existence of trực tiếp bóng đá hôm nay agreement and its contents if one party denies it.

Risk of losing properties due to oral contracts in Vietnam

Many people, due to a lack of understanding of trực tiếp bóng đá hôm nay law and trust, only agree and communicate orally without drafting a written contract or going through authentication. In reality, there are many damages in oral contract disputes because there is hardly any evidence for legal protection.

Renting a house and then losing trực tiếp bóng đá hôm nay property altogether is trực tiếp bóng đá hôm nay story of Mr. N. Because they were close friends, Mr. N's family allowed Mrs. Q to rent a house in Tan Binh District, Ho Chi Minh City, without establishing a written rental agreement, only relying on a verbal agreement. After Mr. N and Mrs. Q passed away, Mr. N's descendants sought to reclaim trực tiếp bóng đá hôm nay house from Mrs. Q's descendants, but they refused. Determined to pursue trực tiếp bóng đá hôm nay case, Mr. N's descendants took trực tiếp bóng đá hôm nay matter to court. However, since trực tiếp bóng đá hôm nay plaintiffs could not provide evidence of ownership or land use rights, or prove that trực tiếp bóng đá hôm nay defendants were residing on or renting trực tiếp bóng đá hôm nay property, trực tiếp bóng đá hôm nay court ruled in favor of Mrs. Q's family, stating that they were trực tiếp bóng đá hôm nay rightful owners of trực tiếp bóng đá hôm nay property.

Another case involving an invalid oral contract occurred in March 2015. Mr. N.V.T. (residing in District 11, Ho Chi Minh City) purchased a portion of a house in District 6 for over 3 billion VND. trực tiếp bóng đá hôm nay entire house was mortgaged to a bank, and trực tiếp bóng đá hôm nay owner promised that Mr. T. could separate his portion of trực tiếp bóng đá hôm nay house after trực tiếp bóng đá hôm nay purchase. Based on this agreement, Mr. T. paid a deposit of 500 million VND. However, in July 2015, trực tiếp bóng đá hôm nay owner informed Mr. T. that trực tiếp bóng đá hôm nay house could not be separated. Mr. T. filed a lawsuit against trực tiếp bóng đá hôm nay owner to reclaim his money. trực tiếp bóng đá hôm nay bank representative confirmed that there was no official document allowing trực tiếp bóng đá hôm nay separation of trực tiếp bóng đá hôm nay mortgaged property. As a result, trực tiếp bóng đá hôm nay court rejected trực tiếp bóng đá hôm nay oral agreement between trực tiếp bóng đá hôm nay two parties regarding trực tiếp bóng đá hôm nay bank and declared trực tiếp bóng đá hôm nay deposit contract null and void.

There are many real-life stories related to trust that lead to undesirable legal consequences. These stories serve as a cautionary lesson for people when entering into contracts, especially those involving real estate. trực tiếp bóng đá hôm nay above cases are typical examples of oral contracts, where individuals lack trực tiếp bóng đá hôm nay knowledge to prevent legal consequences.

Therefore, before engaging in contract transactions, parties need to thoroughly understand trực tiếp bóng đá hôm nay conditions of trực tiếp bóng đá hôm nay transaction and clearly agree on trực tiếp bóng đá hôm nay rights and obligations of each party. It is necessary to fully comply with trực tiếp bóng đá hôm nay agreed-upon terms to minimize potential disputes. It is advisable to minimize oral contracts when conducting transactions in order to protect oneself.

Although oral contracts are still common in daily life, participants often do not preserve evidence of these transactions due to their familiarity and trust in each other. However, for high-value transactions such as real estate or contracts governed by trực tiếp bóng đá hôm nay Civil Law to ensure rights and interests, parties must adhere to trực tiếp bóng đá hôm nay regulations regarding content, form, and fulfillment.

Key word: oral contract | in Vietnam | legal consequences | contract |

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