Delaware real estate contracts must be:
Question & Answer
Review the question and all answer choices
Verbal
Verbal contracts for real estate are not enforceable in Delaware. The Statute of Frauds explicitly requires written documentation for real property transactions to prevent disputes over such significant agreements.
In writing to be enforceable
Notarized
Notarization is not a requirement for enforceable real estate contracts in Delaware. While notarization may be required for certain documents like deeds, it's not necessary for the initial contract to be binding.
Witnessed
Witnessing is not required for enforceable real estate contracts in Delaware. While witnesses might be present when signing, they're not mandated by law for the contract to be valid.
Why is this correct?
Delaware Statute of Frauds specifically requires real estate contracts to be in writing to be legally enforceable. This fundamental protection ensures all terms of such significant transactions are clearly documented and agreed upon by all parties.
Continue Learning
Explore this topic in different formats
More Contracts Videos
Continue learning with related video lessons
Ready to Ace Your Real Estate Exam?
Access 2,000+ free video lessons covering all 11 exam topics.