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No! When working with loans, debts, and repossessions, always get everything in writing.
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∙ 13y ago
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Can a landlord take a tenant to court for non payment if they have just a verbal agreement?
Yes.
Does a lease agreement be a verbal agreement?
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?
Your brother must have a family of his own or why else would you ask this question? If not the cabin is yours, but who am I to tell you this. x NO, it's up to his family if this agreement stands, If it does then I would go through the proper channels.
What happens if you make a verbal agreement on a personal loan about terms for payback?
It's your word against the other,and what happens you'll probably never receive payment.
What are the legal ramifications for breaking a verbal agreement?
A breach of verbal agreement is when for example: You make a spoken agree with a landlord to clean your house when you move out. You move out and leave it all dirty. You have breached a verbal agreement. Its kind of like breaking a promaise!
Is a verbal agreement binding in Arkansas?
Verbal agreements are not binding anywhere.
What is verbal agreement?
An verbal agreement is something two or more parties have agreed to do, agreed not to do or an arrangement made verbally and not in writing. In some jurisdictions a verbal agreement can be binding if there are truthworthy witesses to it, in other jurisdictions it may not be binding.
Is a credit card a verbal agreement?
No, it is not.
