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What classifies as a legally-binding contract in Pennsylvania?

Any agreement, written or verbal, wherein both or all parties have come to a meeting of the minds with regard to the terms of the agreement. Each party must be of legal age and sound mind.


How can one homeowner get his name off the contract?

Once a contract is signed the agreement is binding on all parties. It can only be revoked or cancelled by all the same parties.


What is the fee for a change of lease agreement?

There usually is no fee, just signatures from all parties.


How can a retail installment sale contract be changed?

By agreement on behalf of all parties involved.


Master services agreement?

A master service agreement is a contract reached between parties, in which the parties agree to most of the terms that will govern future transactions or future agreements. These permit parties to quickly negotiate future transactions or agreements.


What is an agreement between two or more parties that is enforceable in court?

Contract. There are two forms of enforceable actions in court under this question: 1) A Written Contract - signed by all parties, and any amendments to the contract 2) A verbal agreement, where it can be shown there was some form of agreement between he parties, and that one or more parties took action to fulfill the terms of the agreement (action to fulfill the terms constitutes a binding contract)


All contracts are agreement but all agreements are not contract?

Yes, all contracts are agreements, because a contract is a legally binding relationship that exists between two or more parties to do or abstain from performing certain acts. An agreement is a form of cross-reference between parties which may be written or oral, and lies upon the honor of the parties for its fulfillment, rather than being in any way enforceable.


When is a binding agreement reached?

A binding agreement is reached when there is an offer, acceptance, and consideration between parties, along with an intention to create legal relations. All parties must agree to the terms and conditions, and the agreement must be lawful. Additionally, the parties involved must have the capacity to contract, meaning they are of legal age and sound mind. Once these elements are satisfied, the agreement becomes enforceable by law.


In what situation do all parties involved agree to the terms of the contract?

All parties involved agree to the terms of a contract when there is mutual understanding and acceptance of the terms and conditions outlined in the agreement.


Can a car dealership refuse to pay off trade when it is in the contract?

A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.


What constitutes a legal rental lease agreement?

All parties involved must be over the age of 18, and must have attached to rental lease agreement all necessary state disclosures.


How long does the process of divirce take in Texas?

It can take up to sixty days after the petition is filed and both party sign. This is factoring in that all the paperwork has been filed and both parties have come to an agreement.