When you send a text message, are you aware that a court might consider it a valid purchase contract?
- In March 2016, one company sued another for breaking an agreement that was made via text message.
- The buyer and listing broker discussed the buyer signing a final letter of intent and sending a deposit check to the seller to sign.
- In Massachusetts, where both companies are based, text messages can form a legal, binding contract.
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Inman Connect New York | January 29 - February 1, 2019