Collateral Agreements to Void Agreements

A void agreement is an agreement that is not enforceable under law. It is considered as if it never existed. On the other hand, a valid agreement is one that is enforceable under law. However, when a collateral agreement is made in relation to a void agreement, the legal status of the collateral agreement may be affected.

Collateral agreements are additional agreements that are made in order to support or supplement a principal agreement. These agreements are often made between third parties who are not directly involved in the principal agreement. In the case of collateral agreements to void agreements, the legal status of the collateral agreement may depend on the nature of the void agreement.

Examples of collateral agreements to void agreements include:

- A contract to sell stolen property
- A contract to perform an illegal act
- A contract to engage in fraudulent activity

Legal Status of Collateral Agreements to Void Agreements

When a collateral agreement is made in relation to a void agreement, the legal status of the collateral agreement may be affected. However, in most cases, collateral agreements to void agreements are considered to be valid.

The legal status of collateral agreements to void agreements can be understood by considering the following points:

- Collateral agreements are separate and distinct from the principal agreement. They are not affected by the legal status of the principal agreement.
- Collateral agreements may be enforced independently of the principal agreement.
- If the collateral agreement is not dependent on the validity of the principal agreement, it may still be enforceable.

Therefore, collateral agreements to void agreements are generally considered to be valid, as long as they are not dependent on the validity of the principal agreement.

Void agreement is the agreement which becomes unenforceable due to unexpected changes or situations occurring in future after the contract has been made.
But the collateral related to void agreement is valid as the agreement become void due to unexpected circumstances.