To form a legally enforceable contract it requires (best I recall off the top of my head without researching so no warranty)
An Offer An Acceptance Consideration Capacity Legality
An Offer alone DOES NOT make a valid enforceable contract HOWEVER if an Offer is made and its Accepted and the other requirements are in place NOW WE HAVE A VALID LEGALLY ENFORCEABLE CONTRACT.
However as a practical matter as far as real estate sales contracts, A SELLER CAN BE FORCED BY LAW TO COMPLETE A HOME SALES CONTRACT, HOWEVER ITS A BIT TOUGH TO FORCE A PERSON TO BUY A HOME. Often if the buyer backs out the seller may retain the earnest money deposit.
AS I ALWAYS PREACH: Consult a local trained professional attorney and don't hang your hat on lay opinions offered on a tractor forum is my best advice.....
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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