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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.
What else can I help you with?
Must a contract be in writing to be enforceable in Australia?
No. Verbal contracts can be enforceable.
An oral contract that must be in writing to be enforceable is not enforceable unless the parties to it admit to its existence in court?
False
What is a example of an agreement that would need to be in writing to be enforceable?
A contract to buy or sell real property (land/house) must be in writing to be enforceable.
Is an emancipation needed to sign contracts?
You must be 18 or emancipated to sign a legally enforceable contract.
Are oral agreements for home sales enforceable in New York State?
Any contract involving land must be in writing.
Can a realtor honor a second contract over the first if the first already signed the contract with realtor to purchase?
Generally, no. The realtor must honor the terms of the first contract. A legally binding contract is enforceable in court.
Is an oral agreement to extend a contract enforceable in Florida?
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.
Is all contracts legally enforceable?
Not all contracts are legally enforceable. For a contract to be enforceable, it typically must meet certain legal requirements, including mutual consent, consideration, legal capacity of the parties, and a lawful purpose. Additionally, some contracts may be deemed unenforceable due to factors like illegality, lack of proper form (e.g., not being in writing when required), or if one party was coerced or defrauded. Therefore, while many contracts are enforceable, various conditions can render them invalid.
What is a legally enforceable debt?
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.
What is legally enforceable debt?
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.
What condition must be met for a contract to be enforceable, according to the keyword "for a contract to be enforceable it should"?
For a contract to be enforceable, it should meet the requirements of offer, acceptance, consideration, legality, capacity, and intention to create legal relations.
How do you collect on a purchase agreement that is delinquent?
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.
