Legal Question in Wills and Trusts in Alabama

Is an oral agreement binding when it is an investment in real estate?


Asked on 7/28/10, 8:05 am

1 Answer from Attorneys
Mari Morrison Mari Morrison

Technically no under contract law as it relates to real property. However, there is the theory under equity which deals with money which is loaned or given for a specific purpose and unjust enrichment.

Read more
Answered on 8/02/10, 9:36 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Alabama