This office lease contains the entire agreement between the parties and all prior negotiations and agreements are merged in this lease. The owner has not made any warranties with respect to the demised premises, the building, the real property or this lease except as expressly set forth in this lease and no rights, easements or licenses are or shall be acquired by the tenant by implication or otherwise unless expressly set forth in this lease.
Maine Entire Agreement and No Waiver
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Multi-State
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US-OL18013
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FAQ
Entirety of Agreement. This Agreement constitutes the entire agreement between the parties concerning the subject matter herein, and supersedes all prior terms or understandings, written or oral.
Put simply: yes. From a legal standpoint, verbal contracts can be just as valid as written contracts. There are, of course, nuances and exceptions, and a verbal contract may be much more difficult to enforce in court should something go wrong.
The concept of movement of society from status to contract is given by sir Henry Maine. In explaining this statement, Maine said that in early times an individual's position in his social group remained fixed; it was imposed, conferred or acquired. He just stepped into it. He accepted such fate as he found it.
A contract is a legally enforceable promise between you and the seller. It describes the responsibility buyers and sellers have to each other when goods or services are exchanged. Contracts can be written, oral, or even implied. A binding contact can be a lease on an apartment or a purchase order for a new car.
