With the caveat that there are exceptions to this, generally speaking in life, if you want to have an enforceable agreement with someone, you get it in writing and you both sign off on it. So if someone says they’ll sell you their car for $5,000 and you say sure, it’s not really an agreement. If push came to shove and they wanted to back out, they could, as could you.

A written contract shows a meeting of the minds. A well-written contract makes clear the rights and responsibilities of each party. It’s why so many housing contracts are really…
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