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9 years ago

verbal contract binding

9 years ago
does anyone know the Panama law well enough to know if, if 3 witnesses agree that they heard a verbal agreement it is binding? A panama arbitator recently said it was, thus we had to pay half a grand to our neighour. Of course my husband had never said made a verbal agreement. what my husband in reality did say to the neigbour a few weeks prior is, "you ( the neigbhour) pay for your damage to your fence and we will pay for the damage that the water caused on our property ( 7 broken concrete steps that got washed out.). Our american friend who has a business here and has lived here for 17 years said he thot the law said, if it is not written down it has no value?? We actually proved it was the neighbours water that caused ALL the damage but he is panamian and we are Cdn, so that is immaterial.

Panama Legal Business (PANLEB)
Panama Legal Business (PANLEB)

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