0
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.
What else can I help you with?
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 off the record legally binding?
No, information that is "off the record" is not legally binding. It is an agreement between the parties involved, but it does not hold the same weight as a legally binding contract.
Is a sealed bid legally binding?
Sealed or not, if the bid was offered and it was accepted, yes, it is legally binding.
Do arbitrators render legally binding decisions?
yes, If the parties involved agree that the decision made will be legally binding
Is it possible for a text message to be legally binding?
Yes, a text message can be legally binding if it meets the requirements for a contract, such as offer, acceptance, and consideration, and if both parties intend for it to be legally binding.
Is mediation legally binding?
mediation can be binding if a representative is used if not then its not binding snzbeyueen
Can you buy a house aged seventeen?
No you can not buy a house at the age of seventeen because you have to sign a contract and a contract is not legally binding until the age of eighteen.
What makes a legal binding document?
A document is legally binding if it has been notarized by a licensed notary. It is also legally binding if it has been filed in court.
Are policies legally binding?
no they are not
What the meaning of absolute deed of sale?
The definition of a deed of absolute sale is an agreement between a seller and a purchaser legalizing the purchase of property. It can be done in writing and it legally binding.
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
Can a 12 year old make a legally binding contract?
Yes, a 12 year old can form a legally binding contract.
