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Contrary to what most people think, a signed offer letter, except in very rare instances, is not a legally binding implied contract. Candidates often think that because they have signed and accepted an offer letter, they have some sort of legal right to the job.
Short version: yes, a verbal contract is legally binding. You must extend the written offer and the job when you make a verbal offer. When the candidate accepts that verbal offer, they must accept the job.
You can also use an official offer letter as proof of income as long as it includes your salary. The offer letter might have to be paired with another document, but it's at the discretion of the landlord. If your credit checks out, the offer letter might be enough proof.
Declining a job offer after accepting is not ideal, but it can be done. In fact, turning down a job offer after accepting is easier than accepting an offer you've previously declined. That's why you need to be certain that you can't negotiate a better deal and won't change your mind before rejecting a job offer.
Declining a job offer after accepting is not ideal, but it can be done. In fact, turning down a job offer after accepting is easier than accepting an offer you've previously declined. That's why you need to be certain that you can't negotiate a better deal and won't change your mind before rejecting a job offer.
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.
Look for any stipulations about rescinding your acceptance or giving a specified amount of notice should you change your mind. Most contracts won't have any specific clauses about this sort of thing and generally focus on salary levels, confidentiality clauses and responsibilities.
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.
Short version: yes, a verbal contract is legally binding. You must extend the written offer and the job when you make a verbal offer. When the candidate accepts that verbal offer, they must accept the job.
If you accept a job which is offered to you verbally, you enter into a legally enforceable contract. Thus, if someone offers you a job over the phone and you accept it, you cannot go for another interview, accept another job and then reject the offer you already accepted.