What's a Pre Contract?

A precontract is a legal contract that precedes another; in particular it refers to an existing promise of marriage with another. Such a precontract would legally nullify any later marriages into which either party entered.

What is mean by pre-contract?

: a contract preceding another especially : an informal agreement of marriage made per verba de praesenti and formerly disabling one from entering into a similar contract with another person. precontract. transitive verb. pre·​contract | \ (¦)prē+ \

Is a pre-contract legally binding?

They are usually intended as a non-binding record of the terms that may have been agreed in principle prior to finalising the contract. Document Content: There is no rule that a Pre-Contract Document's title prevents it from being a legally enforceable contract.