Contracts
Under the Connecticut Statute of Frauds, which of the following real estate contracts must be in writing to be enforceable?
AOnly listing agreements
BAll contracts for the sale of real estate and leases longer than one year✓ Correct
COnly mortgage agreements
DOnly buyer's agency agreements
Explanation
Connecticut's Statute of Frauds (CGS § 52-550) requires that contracts for the sale of real property and leases exceeding one year be in writing and signed by the party to be charged to be enforceable.
Related Connecticut Contracts Questions
- A Connecticut home inspection contingency allows the buyer to:
- An earnest money deposit in Connecticut is typically held by:
- A Connecticut listing agreement grants the seller the right to sell the property themselves without paying a commission. This is an:
- A Connecticut purchase contract has a 'possession date' that is 30 days after closing. Until the buyer takes possession, who is responsible for the property?
- In a Connecticut real estate transaction, a 'time is of the essence' clause means:
- What type of contract gives one party the right to purchase property at a set price within a set time, with no obligation to buy?
- In Connecticut, an 'anticipatory repudiation' of a real estate contract occurs when:
- Under Connecticut law, if a buyer fails to close and the purchase contract includes a 'liquidated damages' clause, the seller may:
Practice More Connecticut Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Connecticut Quiz →