Contracts
Under California's Statute of Frauds, which of the following real estate agreements must be in writing to be enforceable?
AAn oral lease for 9 months
BAn agreement to purchase real property✓ Correct
CA property management agreement for a month-to-month tenancy
DAn oral listing agreement for fewer than 30 days
Explanation
California's Statute of Frauds (Civil Code §1624) requires contracts for the sale of real property, leases for more than one year, and listing agreements authorizing a broker to sell real estate to be in writing to be enforceable.
Related California Contracts Questions
- Which of the following is NOT an essential element of a valid real estate contract?
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- Which of the following is NOT a required element for a valid real estate contract in California?
- Which of the following would render a real estate contract void in California?
- Under the Statute of Frauds, which type of real estate contract MUST be in writing to be enforceable?
- In a California purchase agreement, what does 'time is of the essence' mean?
- What is the difference between a void contract and a voidable contract?
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