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KembaraXtra-Legal Terms -Parol Evidence Rule
The parol evidence rule is a common-law principle stating that extrinsic evidence cannot generally be used to contradict, alter, or vary the terms of a written document.
The rule applies mainly where parties have reduced their agreement into writing and intended the written document to contain the complete terms of their contract.
Under this principle, prior oral statements, negotiations, or earlier written agreements are usually inadmissible to change the meaning of the written contract.
However, exceptions exist where there are allegations such as mistake, fraud, illegality, misrepresentation, or where the written document was not intended to contain the whole agreement.
The purpose of the rule is to preserve certainty and reliability in written contracts by preventing parties from relying on outside statements to dispute agreed written terms.
The parol evidence rule is a common-law principle stating that extrinsic evidence cannot generally be used to contradict, alter, or vary the terms of a written document.
The rule applies mainly where parties have reduced their agreement into writing and intended the written document to contain the complete terms of their contract.
Under this principle, prior oral statements, negotiations, or earlier written agreements are usually inadmissible to change the meaning of the written contract.
However, exceptions exist where there are allegations such as mistake, fraud, illegality, misrepresentation, or where the written document was not intended to contain the whole agreement.
The purpose of the rule is to preserve certainty and reliability in written contracts by preventing parties from relying on outside statements to dispute agreed written terms.
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