Is a promissory note a promissory estoppel?

Answer Promissory estoppel is not a promissory note. Promissory estoppel occurs when a person relies on a promise and has an economic detriment due to the reliance on the promise. Due to the reliance on t... Read More »

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Tutorial for a Promissory Estoppel?

Gratuitous promises are generally not enforceable. Promissory estoppel, however, is a principle of contract law that can allow some aspects of an agreement to be enforced even in the absence of a f... Read More »

Requirements of a Promissory Estoppel?

When people think of the term "contract," they normally think of a complex legal document that lawyers took weeks or months to hammer out. While that is one type of contract, the most common type ... Read More »

How to File for Promissory Estoppel?

Promissory estoppel is a legal doctrine that allows a party to enforce the terms of a contract that would not otherwise be binding. Promissory estoppel requires reliance on a reasonable promise or ... Read More »

Definition of an Estoppel Affidavit?

An estoppel affidavit is another term for a Deed in Lieu of Foreclosure. It enables a property owner, the grantor, to convey complete title of his property to the grantee so that the grantee assume... Read More »