Question

John Doe seeks you out to list his home for sale. The two of you agree to list the home for sale and John Doe will pay you 6% of the sale price as a commission. All of this is done verbally and with a handshake. Is this allowed? If so, is it enforceable in a court of law?

Answer 1

Verbal agreements can be legally binding depending on the circumstances, but it is generally recommended to have written contracts for important agreements like the sale of a home.

Step-by-step explanation:

Verbal agreements can be legally binding in some cases, but it can be difficult to enforce them without written documentation. Whether or not this agreement would be enforceable in a court of law would depend on the specific laws and regulations of the jurisdiction in which the agreement was made, as well as the circumstances surrounding the agreement. In some cases, a handshake can be considered a valid form of agreement, but it is generally recommended to have written contracts for important agreements like the sale of a home.

Learn more about Enforceability of verbal agreements