Why must real estate sales contracts be evidenced in writing and signed by the party to be charged in order to be enforceable?
A)Contracts of such property are covered under the statute of frauds.
B)Such property would otherwise not be entitled to mortgage.
C)Such property would otherwise not be entitled to insurance.
D)Such property would otherwise be liable to eminent domain.

Question

Quizplus · Accepted Answer

Because they are within the statute of frauds,real estate sales contracts must be evidenced by a suitable writing signed by the party to be charged in order to be enforceable.

Why Must Real Estate Sales Contracts Be Evidenced in Writing