ContractsQuestion 48 of 120
The legal doctrine requiring that contracts for the sale of real estate be in writing to be enforceable is the:
a.Statute of frauds
b.Statute of limitations
c.Doctrine of laches
d.Parol evidence rule
Explanation
The statute of frauds requires that contracts transferring an interest in real estate be in writing and signed to be enforceable. The parol evidence rule limits use of prior oral statements to change a written contract.
Practice all 120 questions free — no signup required.
Related questions on this topic
- Which of the following is NOT one of the essential elements required for a valid, enforceable real estate contract?
- In Texas, residential real estate sales contracts most commonly use forms that are:
- A license holder who is not a licensed attorney may generally:
- Earnest money in a real estate contract functions primarily as:
- A financing contingency in a purchase contract protects the buyer by:
- The Texas 'option period' (termination option) in the standard residential contract generally allows the buyer to:
Last reviewed: · editorial process
PrepPass Editorial Team · Verified against Texas Real Estate Sales Agent Licensing Exam · How we review