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Re: Why So Many Companies?
posted on
Dec 29, 2007 11:07AM
I believe it is more the forum members disagreeing than the companies. A letter of understanding might not be the same as formal signed jv but is indeed legally enforceable. Just try to get out of an unconditional offer to purchase or sell a house.
They could be some wrangling going on but doubt it would ever end up in court. My feelingis it's a non issue.
