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An Accepted & Signed Offer Is A Binding Contract Under established Massachusetts case law, a signed standard form offer to purchase is a binding and enforceable contract to sell real estate even if the offer is subject to the signing of a more comprehensive purchase and sale agreement.
How Many Hours Is Considered Full-Time? Short answer: Full-time employment is usually considered between 30-40 hours a week, while part-time employment is usually less than 30 hours a week.
A buyer suing you for performance will more than likely win. There are very few cases that a seller will win if the buyer has met all of their legal obligations in the contract. So a seller cannot back out of an accepted offer without legal consequences if the buyer chooses to pursue their legal rights.
How many hours is part-time? Part-time hours can be anywhere from a few hours a week, right up to 35 hours. As with full-time hours, there's no official classification. But no matter how many hours you work, employers must treat you the same as a full-time employee.
Part-time employees typically work less than 32 hours per week, full-time is usually 32-40. Part-time employees are usually offered limited benefits and health care. Often a part-time employee is not eligible for paid time off, healthcare coverage, or paid sick leave.
There is no legally defined number of hours for full time employment, where individual employers can decide how many hours per week are to be considered full time. The hours that workers are expected to work will usually be set out in the company working hours policy and/or within individual contracts of employment.
"Regular part-time employees" are defined as those who work at least half-time, but less than full-time. This means that a part-time employee is scheduled to work at least 18.75 hours per week in a 37.5 hours per week position, or at least 20 hours per week in a 40 hours per week position.
In general, offer letters are less formal than employment contracts, which typically set terms and conditions of employment that are legally binding. It's also vital for employers to understand that they aren't required by federal law to send an offer letter to new hires.
Some important details about an offer letter are: It is NOT a legally binding contract. It does NOT include promises of future employment or wages. It includes an employment at-will statement.
The Initial Offer Massachusetts offer also typically have a specific expiration date and time. When a buyer submits a written offer, it will be a binding contract if signed by the seller before the expiration time. At any time before it is accepted by the seller, the buyer may rescind their offer.