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Real Estate ContractsContract_essentials_flMEDIUM

Which answer most accurately states the Florida rule for offer?

Correct Answer

C) A contract for the sale of real property must satisfy Florida's statute of frauds by being in writing and signed by the party to be charged.

A contract for the sale of real property must satisfy Florida's statute of frauds by being in writing and signed by the party to be charged. This follows F.S. § 725.01; current Florida residential contract practice; Pearson VUE Florida Sales Associate CIB.

Answer Options
A
A contract becomes effective the moment the first party signs it, even if the other party never accepts.
B
Earnest money is required for every valid Florida purchase contract under Florida law.
C
A contract for the sale of real property must satisfy Florida's statute of frauds by being in writing and signed by the party to be charged.
D
A buyer and seller may form an enforceable contract for the sale of land entirely by oral agreement if both seem serious.

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Key Terms:

floridastate_portioncontract_essentials_flreal_estate_contracts
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