Legal Question in Real Estate Law in Maryland

are verbal contracts valid?

My mother and I are purchasing a townhouse. We submitted a contract to the realtor and he called back and said that he spoke with the seller and it was a deal. Now he called our realtor and said that he has another contract that the seller accepted. What I want to know, even if the seller had not signed the actual paper work yet, is the verbal contract we entered into STILL valid in Maryland?Please help!!!


Asked on 9/22/00, 8:57 pm

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: are verbal contracts valid?

Oral contracts for the sale of real estate are not valid. A document must be both signed and delivered to you or your agent (not just the seller's agent) for the contract to be valid.

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Answered on 10/23/00, 11:31 am


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