Express Contract Law and Legal Definition
An express contract is a contract whose terms the parties have explicitly set out. This is also termed as special contract. In an express contract, all the elements would be specifically stated. In an express contract, the agreement of the parties is expressed in words, either in oral or written form. For example, where a landlord presents “A” with a preprinted lease on the apartment that “A” wants and if he agrees to the terms and signs it, then it is an express, written contract. Another example is: “I offer to sell you my 1987 Mercedes and after some negotiations, you agree to purchase it on the terms we have worked out, a bargain for less than $10,000.” This is an express oral contract.
