A contract must be in writing to be legally enforceable when it involves the sale of real estate, a promise to pay someone else's debt, or an agreement that cannot be completed within one year.
No. Verbal contracts can be enforceable.
False
A contract to buy or sell real property (land/house) must be in writing to be enforceable.
You must be 18 or emancipated to sign a legally enforceable contract.
Any contract involving land must be in writing.
Generally, no. The realtor must honor the terms of the first contract. A legally binding contract is enforceable in court.
It depends on what the contract is for. If you are agreeing to anything involving real property, the contract must be in writing to be enforceable. However, oral contracts are enforceable for many things.Added: With the exception noted above, in certain instances [i.e.: if witness(es) was present at the agreement and can testify to it], it may be.
A legally enforceable debt is a debt that meets the requirements to be able to be enforced in a court of law. It is debt that must be repaid.
A legally enforceable debt is a debt that meets the requirements to be able to be enforced in a court of law. It is debt that must be repaid.
For a contract to be enforceable, it should meet the requirements of offer, acceptance, consideration, legality, capacity, and intention to create legal relations.
Idea that both parties of a contract must be bound for contract to be enforceable
You must have a valid contract in order for it to be legally enforceable. If the other party breached the contract then you need to file a lawsuit in a civil court of equity in order to recover damages.