Unclear Titles for Contract

It is important to remember that the title ‘non-binding agreement’, or ‘memorandum of items’, or ‘declaration of intent’ will not necessarily indicate the absence of a binding contract between the parties.
Because a binding contract is derived not from the title of the contract but from other factors related, among other items, the content of the contract and the circumstances of the signing of the agreement.

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Average price for a 4 room apartment in Tel Aviv
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Rise in the price index of input in residential construction from the year 1956 to 2021
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