ContractsEASY
In New York, a contract of sale for real property must be:
Correct Answer
B) In writing to be enforceable
The Statute of Frauds requires real estate contracts to be in writing.
Answer Options
A
Oral onlyB
In writing to be enforceableC
NotarizedD
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Related Topics & Key Terms
Related Topics:
statute-of-frauds-real-estatecontract-formation-elementsreal-estate-recording-process
Key Terms:
Statute of FraudsGeneral Obligations Law §5-703written contractreal property saleenforceability
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