Yes, but it's not really a contract until the parties consummate, which would be accomplished by paying that amount. It's the paying that really sets the rental amount.
Most states allow verbal rental agreements. But when the landlord chooses to execute this he must be aware that anything that he wants to enforce about your tenancy there he must have in writing and signed.
No. Termination of a contract must be in writing.
Not in Massachusetts. You should check your state's laws, but most states say no.
What you are creating is more of a "Gentleman's Agreement" than a contract. It is not legally binding but depending on the conditions, if both parties trust one another, it could work for a simple room agreement.
There is typically no maximum amount specified for a verbal agreement. However, enforceability may be subject to the statute of frauds, which can vary by jurisdiction. It's always recommended to have important agreements in writing to avoid disputes over terms and conditions.
No it doesn't.
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.
You haven't provided enough detail.A verbal agreement may constitute a binding agreement or contract although it must meet certain requirements. Whether the parties have a valid contract is a determination that must be made by a judge. Some agreements must be in writing in order to be binding. These include transactions regarding real estate and an agreement to make a Will.http://smallbusiness.findlaw.com/business-contracts-forms/what-contracts-are-required-to-be-in-writing.html
No. Only a court order can override an existing court order. A verbal agreement will be considered by the court in rendering its decision but the verbal agreement in and of itself does not override the original court order. There are some hurdles you have to overcome with a verbal agreement. How can you prove there was ever a verbal agreement in place. I had a verbal agreement with my ex regarding custody of our daughter. She the resided to back out of our agreement and denied ever agreeing to anything. Fortunately I had a call recording application that complied with Federal and Texas State Laws (it announces that its recording the conversation at the beginning of the conversation). Since I was able to prove that we had a verbal agreement, the court honored the verbal agreement. So, a verbal agreement may lead to a decision in your favor if you can prove that an actual "valid" verbal contract has been made
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!
Verbal agreements are not binding anywhere.
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.