Sentences with phrase «verbal commitment binding»

Not exact matches

Of course, as the Emil Ekiyor flip reminds everyone, verbal commitments are not binding to player or school; only when a National Letter of Intent is signed, faxed, and delivered is the commitment final.

Posted by Victoria Strauss for Writer Beware I've recently gotten a number of reports about a literary agent with a major agency who is offering representation with a «handshake» deal: representation based on a verbal commitment, rather than a binding... -LSB-...]

These are all good questions to ask, but understand that verbal answers are not commitments to lend, that written disclosures are better tools for loan comparisons, and that nothing is binding until the loan is approved and locked.

In Alabama, a contract for the sale of a house is only binding if in writing and signed; however, a verbal commitment may be valid if the buyer pays at least a portion of the purchase price and is put in possession of the property by the seller.