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The New Jersey Statute of Frauds requires:

Correct Answer

B) Real estate contracts to be in writing to be enforceable

The Statute of Frauds requires real estate contracts to be in writing and signed to be legally enforceable.

Answer Options
A
All contracts to be oral
B
Real estate contracts to be in writing to be enforceable
C
Only commercial contracts in writing
D
No writing requirements
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Related Topics & Key Terms

Related Topics:

statute-of-limitations-real-estatereal-estate-contract-elementscontract-performance-breach

Key Terms:

Statute of FraudsN.J.S.A. 25:1-11written contractenforceablereal property
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