PER0118 Pre contract Binder Rev 11-19.doc 2025

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The document is an instructional pre-contract binder for teachers applying to St. Lucie Public Schools, outlining the terms and conditions of employment. It requires the teacher to complete an application, provide certification proof, undergo background checks, and receive approval from the School Board. The offer is conditional upon fulfilling these requirements and includes a release of information clause.

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What is the difference between a binder and a sale contract?

A binder secures the right to purchase real estate upon agreed terms for a limited period of time. If the buyer changes his mind or is unable to purchase, the earnest money is forfeited unless the binder expressly provides that it is to be refunded.

What is an example of a binding contract?

Meaning of contract bond in English an official promise from an organization such as a bank or insurance company to pay money to a company if its contractor (= person or company doing work for it) does not complete a job successfully: Contract bonds are used a lot in the construction industry.

What is a pre contractual document?

It provides time for negotiation between the contracting parties before entering into agreement. It provides an idea about general pricing and cost which is to be levelled in the project. It provides time for any future changes if required at time of executing final agreement.

What is a contract binder?

Contract Binder means the binder or box of documents, contracts or agreements or copies thereof identified as such, delivered and certified by an Appropriate Officer of ADM, to Lenders Counsel concurrently with the execution of this Agreement under cover letter dated as of the date of execution hereof as such Contract

What does contract bind mean?

Despite its name a real estate binder is not legally binding. The binder keeps interest in a transaction and encourages open communication between buyer and seller but its an informal agreement and is eventually replaced by the formal (and legally binding) agreement of sale.