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ContractsStatute Of FraudsMEDIUM

The statute of frauds requires that:

Correct Answer

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

The statute of frauds requires certain contracts, including those for the sale of real property, to be in writing to be enforceable in court. This protects parties from fraudulent claims.

Answer Options
A
All contracts must be notarized
B
Real estate contracts must be in writing to be enforceable
C
Only the buyer must sign the contract
D
Contracts must be filed with the court
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