Contracts
Under Alaska law, the Statute of Frauds requires real estate contracts to be:
ANotarized by a licensed notary public
BRecorded in the borough recorder's office
CIn writing and signed by the party to be charged✓ Correct
DWitnessed by at least two disinterested parties
Explanation
The Statute of Frauds requires contracts for the sale of real property to be in writing and signed by the party against whom enforcement is sought (the party to be charged). An oral agreement to sell real estate is generally unenforceable in Alaska.
Related Alaska Contracts Questions
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