Asked by Kayla Calvin on Jun 30, 2024
Verified
Contracts involving the sale of real estate must be in writing.
Real Estate
The property consisting of land or buildings, its natural resources, and any associated rights. It encompasses the buying, selling, and leasing of these properties.
- Familiarize oneself with the core components and the enforceability of contract agreements.
Verified Answer
DC
Dessy ChristinaJul 03, 2024
Final Answer :
True
Explanation :
This requirement is due to the Statute of Frauds, which mandates that certain contracts, including those for the sale of real estate, must be in writing to be legally enforceable.
Learning Objectives
- Familiarize oneself with the core components and the enforceability of contract agreements.