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Do you have to write down an agreement to be official? - Answers
No, an agreement does not always need to be written down to be considered official; verbal agreements can be legally binding in many situations. However, having a written agreement is advisable as it provides clear evidence of the terms and can help prevent disputes. Certain types of contracts, such as those involving real estate or significant financial transactions, typically must be in writing to be enforceable under the Statute of Frauds. Always consult legal advice for specific situations.
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Do you have to write down an agreement to be official? - Answers
No, an agreement does not always need to be written down to be considered official; verbal agreements can be legally binding in many situations. However, having a written agreement is advisable as it provides clear evidence of the terms and can help prevent disputes. Certain types of contracts, such as those involving real estate or significant financial transactions, typically must be in writing to be enforceable under the Statute of Frauds. Always consult legal advice for specific situations.
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Do you have to write down an agreement to be official? - Answers
No, an agreement does not always need to be written down to be considered official; verbal agreements can be legally binding in many situations. However, having a written agreement is advisable as it provides clear evidence of the terms and can help prevent disputes. Certain types of contracts, such as those involving real estate or significant financial transactions, typically must be in writing to be enforceable under the Statute of Frauds. Always consult legal advice for specific situations.
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