What Does Having Capacity To Contract Mean?

Parties to an agreement must have contractual capacity before the agreement will be binding on both parties. Contractual capacity is the ability to understand that a contract is being made and to understand its general nature.

The fact that a person fails to completely understand the contract or fails to review its terms does not mean that the person lacks contractual capacity.

Attorney at Law

Blado Kiger Bolan, Tacoma, Wash.

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