ContractsCâu 47 / 100
Under the Statute of Frauds, a contract for the sale of real estate generally must be:
a.In writing and signed to be enforceable
b.Oral and witnessed
c.Recorded before it is valid
d.Notarized by a judge
Giải thích
The Statute of Frauds requires contracts for the sale of an interest in real property to be in writing and signed by the party to be charged. An oral real estate sales contract is generally unenforceable. Recording and notarization affect other steps but are not what makes the contract enforceable.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The essential elements of a valid contract include all of the following EXCEPT:
- When a buyer makes a counteroffer, the original offer is:
- A contract that has been fully performed by both parties is described as:
- A contract entered into by a minor is generally:
- Earnest money in a purchase contract primarily serves to:
- A contingency in a real estate contract is:
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Đội Ngũ Biên Tập PrepPass · Đối chiếu với New York Real Estate Salesperson Licensing Exam · Quy trình kiểm tra