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No! When working with loans, debts, and repossessions, always get everything in writing.

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14y ago

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Can a landlord take a tenant to court for non payment if they have just a verbal agreement?

Yes.


Will you have a down payment on a sales agreement?

Yes, a down payment is typically required in a sales agreement, especially for significant purchases like real estate or vehicles. This initial payment shows the buyer's commitment and can help secure the transaction. The specific amount and terms of the down payment will vary depending on the agreement and the seller's policies. Always review the terms carefully before finalizing any sales agreement.


Does the seller receive the down payment?

Yes, the seller typically receives the down payment from the buyer as part of the purchase agreement.


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No it doesn't.


The definition of a contract is?

The definition of a contract is an agreement (verbal or written down) between two parties.


In the State of Arizona can a dealership repo a car if you are current on your payments but they made mistakes and never got your down payment?

Need more info how did they make the mistakes and not get the down payment? Well, technically yes. If you signed a finance agreement that stated a down payment and you didn't give a down payment, you breached the agreement. Whether it be by their mistake or yours. Now, is it right? No.


Is a verbal agreement legally binding in Florida?

No. Not Florida, but maybe Texas. A verbal agreement, like a wedding vow would be binding. To "unwind" the verbal agreement will probably require a divorce lawyer.


What is trust base in shipping organization?

Trust base shipping in an organization is the shipping a product out before receiving a payment or on a verbal agreement to pay. It is a risky way to do business because a customer can default on payment.


My Brother and I had a verbal agreement for me to buy his share of an inherited cabin. After I made one payment he died. Is our verbal agreement valid for his estate purposes?

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