Contracts
In Alabama, a real estate purchase contract must be signed by:
AOnly the seller
BBoth the buyer and seller (or their authorized agents) to be binding on both parties✓ Correct
COnly the buyer
DThe broker on behalf of both parties
Explanation
For a real estate purchase contract to be binding on both parties under the Statute of Frauds, it must be in writing and signed by all parties to be bound.
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