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Farm Business
Agricultural Matters
Shaking Hands - Deal or No Deal
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<blockquote data-quote="Dry Rot" data-source="post: 3828168" data-attributes="member: 4505"><p>Law of Property Act 1925. Interests in land must be in writing. One of the few things I remember from college! Other than that, I think an oral contract is as good as a written one, except for one point -- evidence. Either have a witness or put it in writing.</p><p></p><p>The physical act of shaking hands may be customary but I am not sure it carries any weight in law. An oral contract without a hand shake would be just as legally blinding as an agreement with one. Personally, I like things in writing, even if it is just a short note stating what was agreed. Human memory is fallible and often selective.</p></blockquote><p></p>
[QUOTE="Dry Rot, post: 3828168, member: 4505"] Law of Property Act 1925. Interests in land must be in writing. One of the few things I remember from college! Other than that, I think an oral contract is as good as a written one, except for one point -- evidence. Either have a witness or put it in writing. The physical act of shaking hands may be customary but I am not sure it carries any weight in law. An oral contract without a hand shake would be just as legally blinding as an agreement with one. Personally, I like things in writing, even if it is just a short note stating what was agreed. Human memory is fallible and often selective. [/QUOTE]
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Shaking Hands - Deal or No Deal
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