Contracts
For a real estate contract in Alaska to be enforceable, it must be:
ANotarized and recorded with the county
BIn writing and signed by the parties under the Statute of Frauds✓ Correct
CWitnessed by two licensed real estate agents
DApproved by the Alaska Real Estate Commission
Explanation
Under the Statute of Frauds, contracts for the sale of real estate must be in writing and signed by the party to be charged to be enforceable. Oral agreements to sell real estate are generally not enforceable in Alaska.
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