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Farm Business
Agricultural Matters
Shaking Hands - Deal or No Deal
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<blockquote data-quote="alex04w" data-source="post: 3828032" data-attributes="member: 21104"><p>A contract can be verbal or in writing. However, as Clive says it is easier to prove what the contract was if it is in writing. A verbal contract with no witnesses will be hard to prove.</p><p></p><p>Former Farmer is also right in that any contract in connection with land has to be in writing, especially in any part of Ireland. Many a bank has come unstuck accepted title deeds as equitable deposit only to find that there was nothing in writing to give them the right to sell and property in settlement of the loan!</p></blockquote><p></p>
[QUOTE="alex04w, post: 3828032, member: 21104"] A contract can be verbal or in writing. However, as Clive says it is easier to prove what the contract was if it is in writing. A verbal contract with no witnesses will be hard to prove. Former Farmer is also right in that any contract in connection with land has to be in writing, especially in any part of Ireland. Many a bank has come unstuck accepted title deeds as equitable deposit only to find that there was nothing in writing to give them the right to sell and property in settlement of the loan! [/QUOTE]
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Shaking Hands - Deal or No Deal
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