Generally speaking, an agreement in principle precedes a contract. The contract is enforceable but the agreement is not.
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
A contract is a legally binding agreement between two or more parties.
A Legally Binding Agreement.
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.
A contract is a legally binding agreement between two or more parties.
It is not legally binding
A contract is a legally binding agreement.
Yes, a text agreement can be legally binding if it meets the requirements for a valid contract, such as offer, acceptance, consideration, and intention to create legal relations.
Contracts are legally binding on both parties to them.
An agreement in principle is a legally enforceable agreement between parties which identifies the fundamental terms which are intended to be or are agreed upon.
False
You can draft a contract that states the terms of sub-letting the office space, and get both parties to sign it. This will make the agreement legally binding.