What is parol evidence rule?
The parol evidence rule is a principle in contract law that prevents evidence of prior or contemporaneous discussions or agreements from being considered when interpreting a contract if the evidence changes the contract’s meaning.Definition”Parol” is an adjective that describes a type of evidence as not being contained in a contact. In this context it means evidence that appeared prior to or during the signing of the contract but is not contained in the written document.ApplicationThe parol evidence rule applies only to contracts that are unclear or are not intended to be a final expression of the drafter’s intent.IntentionsAn integration clause in a contract states that the written contract is the final and complete agreement between the parties to the contract. An integration clause is used as persuasive evidence by the court, but it is not necessarily conclusive evidence of the parties’ intent.ModificationEvidence of discussions or agreements that occur after the contract is signed
