easy · National Real Estate Exam contracts
Two neighbors agree out loud that one will sell part of their land to the other.
Under the Statute of Frauds, what is required for this real estate contract to be enforceable?
- It must be in writing and signed by the parties to be enforceable.
- It only needs to be spoken and witnessed by one other person.
- It only needs to be recorded at the county recorder's office.
- It only needs to be notarized by a notary public, even if never put in writing.
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