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What else can I help you with?
Is a real estate listing agreement binding in Florida?
Yes it is. If you breach or break the agreement, you can be legally held liable before a court & the company or realtor you signed with could sue you for damages or penalties.
Is a verbal agreement pertaining to real estate binding until closing date?
No
Can a verbal agreement create a binding life estate?
A life estate must be granted in writing or by a court order by a court of equity.
What needs to be included in cash flow notes?
Cash Flow Notes are legally binding contracts between the borrow and the lender. They contain the details of the agreement between the two parties and are used for things like Real Estate.
Are promissory notes legally binding in an estate?
Yes, they are legal documents. They can be used to establish debts and assets.
Is a verbal agreement to purchase proprty in the state of Washington legally binding?
AnswerCheck with your state real estate board. But to my knowledge all real estate contracts must be in writing to be binding. Answer Absolutely not. All real estate transactions in the state of Washington must be in writing, and must have a full and complete legal description of the property being sold. (Firth v. Lu, 103 Wn. App. 267 (2000))
Does a family IOU signed by those involved have an expiry date and is the document considered legal and binding?
A signed IOU can be legally binding. It can be enforced by the estate if needed.
When is a real estate contract a binding contract?
When both parties sign the buy sell agreement and earnest money is in escrow.
Can a 16-year-old legally own a house?
No, a 16-year-old cannot legally own a house as they are not considered adults and cannot enter into legally binding contracts for real estate.
Is an email agreement binding with real estate in Oregon?
That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.
Can a residential real estate agent do a commercial transaction?
Yes. It is advised that an attorney draft the contracts so that they are legally binding, but the real estate agent can advise on the deal.
Is a formal letter of acceptance of an offer for a property from a solicitor acting on behalf of a deceased estate legally binding?
Generally, yes.
