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09-28-2009, 11:42 AM
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Re: Verbal Agreement?
My wife is an attorney, and verbal agreements are very much enforceable contracts when both parties agree to the terms. (The problem is that both parties rarely agree on what the agreed upon terms were.)
HOWEVER - real estate is an exception to that rule, and the statute of frauds applies - meaning the exact same thing everyone else has said - it must be in writing.
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Joel McDonald Boulder Real Estate Free Unique Real Estate Content "If you love what you do, you'll never work a day in your life." 
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