Contracts & Finance

Contracts & Finance

Contract law generally dictates that an enforceable contract exists when the material elements of the contract have been negotiated and agreed upon by the parties.


Julian Davis, General Counsel, Law Office of Julian Davis

Julian Davis Head Shot Julian Davis is a member of the State Bar of California. He graduated magna cum laude from U.C. Hastings College of the Law and holds Bachelor's and Master's degrees in Philosophy from Brown University. A former business development Executive Director assisting entrepreneurs in San Francisco, he has received numerous awards for community service including the San Francisco Bay Guardian's "Local Hero" award.

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Contracts

Contract law generally dictates that an enforceable contract exists when the material elements of the contract have been negotiated and agreed upon by the parties. Material elements are the heart of the contract, the deal would fall apart if these things were not decided. For a lease negotiation the material elements would include things such as the rent amount, the duration of the lease, or the location of the property to be rented. An example of a non-material element would be whether the rent is paid by check or cash every month.