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Why Must Real Estate Sales Contracts Be Evidenced in Writing

Question 78

Multiple Choice

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.

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