Q: Is a verbal acceptance of an offer binding?
Disclaimer: The materials provided below are informational and should not be relied upon as legal advice.
If you are referring to a transaction for the purchase and sale of real estate, then the answer is no. A contract for the purchase and sale of real estate needs to be in writing, signed by both the purchaser and the seller. Be sure to consult your own attorney to protect your legal rights.
A: In most cases, a verbal agreement for the sale of real estate is not a valid contract. Real estate sales contract must be in writing.
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