0
Contracts are legally binding on both parties to them.
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoA written purchase agreement signed by both parties is as binding as any other contract.
Add your answer:
Earn +20 pts
Is an unauthorized commitment not binding solely because the agreement involved a purchase amount above the micro-purchase threshold?
An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold.
Can a purchase agreement be signed first by the seller ....Is this binding?
Yes, a seller can sign the agreement first, but it is not binding until all parties have signed and the signed copies have been delivered.
What is binding agreement?
Covenant
What is a binding agreement?
Covenant
what are Difference between a contract and an agreement?
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
What is another name for the contract of agreement?
A Legally Binding Agreement.
Is a prenuptial agreement binding if it is not signed?
No, a prenuptial agreement is not binding if it is not signed. Of course, I'm not a lawyer. So, if you are in a situation where you are questioning whether or not you signed a prenuptial agreement and whether or not it is binding, please consult a real lawyer!
Is a verbal agreement binding in Arkansas?
Verbal agreements are not binding anywhere.
Is a legally-binding agreement between two or more parties.?
A contract is a legally binding agreement between two or more parties.
When is a house sale legally binding?
The first step that makes a sale binding is the execution of the purchase and sale agreement by both parties. You will then be bound by the terms of that agreement. Many people wait until they have signed the P&S before they retain an attorney to represent them in the purchase. However, an attorney should review the agreement before you sign.
Can a home purchase contract be considered binding in the form of a verbal agreement?
This would violate the statue of frauds. The sale of property must be in writing to be valid.
What is a synonym for a covenant?
Pact, contract, binding agreement.
