- Location
- Boroughbridge, North Yorkshire
I'm under 50 and definitely consider an agreement whether verbal or a handshake binding.
A few years ago after a bit of a protracted rent review I shook on a deal. The land agent even shook hands with my agent. Then a week later I get a phone call saying that they cannot go at that deal. When I pointed out that we had shake on it and that a deal was a deal he just said smugly "ah, but we've not signed anything"
The next meeting was very interesting to say the least. He left with his tail firmly between his legs and he has not been back since!
A few years ago after a bit of a protracted rent review I shook on a deal. The land agent even shook hands with my agent. Then a week later I get a phone call saying that they cannot go at that deal. When I pointed out that we had shake on it and that a deal was a deal he just said smugly "ah, but we've not signed anything"
The next meeting was very interesting to say the least. He left with his tail firmly between his legs and he has not been back since!