§ 1697 Contract Modification By Writing

This law says that even if a contract isn’t written down, the people involved can change it in writing later without needing anything new in return, and the old parts are replaced by the new agreement.

Key Takeaways

•A verbal agreement can be changed later if the change is written down and both sides agree.
•No extra payment or new promise is needed to make the change official.
•The written change replaces the old terms to the extent it modifies them.

Example

Two friends agree to rent a bike for $5 a day. Later they both agree, in a text message, to change the price to $3 a day.

Because the change is in writing and both agree, the new $3 price replaces the old $5 price, even though they didn’t add anything new like extra money or a promise.

Key Takeaways

•A verbal agreement can be changed later if the change is written down and both sides agree.
•No extra payment or new promise is needed to make the change official.
•The written change replaces the old terms to the extent it modifies them.

Example

Two friends agree to rent a bike for $5 a day. Later they both agree, in a text message, to change the price to $3 a day.

Because the change is in writing and both agree, the new $3 price replaces the old $5 price, even though they didn’t add anything new like extra money or a promise.

Key Takeaways

Example

Key Terms

References

§ 1697 Contract Modification By Writing

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References