Contracts
In Alaska, an agreement to pay a real estate commission must generally be in writing to be enforceable because of:
AThe Equal Credit Opportunity Act
BThe Statute of Frauds, which requires commission agreements involving real estate to be in writing✓ Correct
CAlaska real estate licensing regulations only
DThe Real Estate Settlement Procedures Act
Explanation
Under Alaska's Statute of Frauds, agreements to pay commissions for real estate services must be in writing and signed by the party to be charged (the client). An oral commission agreement is generally unenforceable in Alaska even if both parties agreed to it verbally.
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