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When can a minor enter into a binding contract?
A minor can enter into a binding contract when they reach the age of majority, which is typically 18 years old. Until then, contracts entered into by minors are usually voidable at the minor's discretion.
When did the first time home buyer credit expire?
You must have bought - or entered into a binding contract to buy - a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before June 30, 2010.
What does it mean when two parties have a legally binding contract?
To say that two parties have a legally binding contract means that they have entered into a formal written agreement, and if either of them violates that agreement there will be a legal basis for a lawsuit resulting in expensive penalties being imposed by the court.
What is difference between contract and project?
A contract is a binding agreement which is legally enforceable by law if it is not fuilfilled. Under one project there will be different contracts entered at different periods as per the requirement of the work to be done.
What is the meaning of having marriage in dreams?
Marriage represents a public commitment or contract. So this dream suggests that the dreamer has made such a commitment, or entered into a binding contract. Other details in the dream might provide further clues to identify this contract.
How old do you be to have a contract phone?
You would need to be at the age in which you can be entered into a legally binding contract. In the United States, that age is eighteen.
When does the first time home buyers tax credit end?
You must have bought --- or entered into a binding contract to buy --- a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before Sept. 30, 2010Go to the IRS gov website and use the search box for First-Time Homebuyer Credit
Can a credit card company take your car in NYS?
Yes they can ! You entered into a legally-binding contract with the card company when you applied for the card. If you default on the repayments, that contract allows the card company to seize any assets you own. They can then sell your assets and use the money raised to repay YOUR DEBT !
Resident of new york buying a house in Ca do you qualify for the first time home buyer credit?
If it is your main home primary residence and you meet all of the rules that have to be met for this purpose.You must have bought --- or entered into a binding contract to buy --- a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before June 30, 2010.Go to the IRS.gov website and use the search box for First-Time Homebuyer Credit
What does contract mean?
In law, a contract is any legally binding agreement voluntarily entered into by two or more parties that places an obligation on each party to do or not do something for one or more of the other parties and that gives each party the right to demand the performance of whatever is promised to them by the other parties. Contract also has a generic meanings to reduce in size or to acquire by infection or contagion.
We entered into a written and verbal contract with a banquest facility. Now the facility refuses to honor the verbal portion of the agreement. What is our recourse?
You can send a demand letter, and then file suit. However, you should check the law in your state. Many states provide that a written contract cannot be modified (or added to) verbally, and that any verbal agreements made outside of the written contract are not binding.
What does mean contract?
In law, a contract is any legally binding agreement voluntarily entered into by two or more parties that places an obligation on each party to do or not do something for one or more of the other parties and that gives each party the right to demand the performance of whatever is promised to them by the other parties. Contract also has a generic meanings to reduce in size or to acquire by infection or contagion.
