Contracts
Under the Statute of Frauds, which type of real estate contract MUST be in writing to be enforceable?
AProperty management agreements only
BAgreements to pay finder's fees only
CContracts for the sale or transfer of real property✓ Correct
DOnly contracts over $10,000
Explanation
California's Statute of Frauds (Civil Code 1624) requires contracts for the sale or transfer of real property to be in writing to be enforceable in court. This prevents fraud and misunderstandings about major property transactions.
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