Contracts
In Delaware, what makes a real estate contract legally enforceable under the Statute of Frauds?
AThe contract must be witnessed by a notary public
BThe contract must be in writing and signed by the party to be charged✓ Correct
CThe contract must be recorded in the county recorder's office
DThe contract must include an attorney review period
Explanation
Delaware's Statute of Frauds requires that contracts for the sale of real property must be in writing and signed by the party against whom enforcement is sought (the party to be charged). Oral real estate contracts are generally unenforceable.
Related Delaware Contracts Questions
- What is 'mutual assent' (meeting of the minds) in a Delaware real estate contract?
- Under Delaware law, an executed contract is one that has been:
- What is the legal remedy of 'specific performance' in a Delaware real estate transaction?
- In Delaware, which party generally controls the choice of settlement company in a residential transaction?
- In Delaware, a valid real estate contract requires all of the following EXCEPT:
- What is 'consideration' in a real estate contract, and why is it required?
- Which type of listing agreement gives the owner the most control and the broker the least security?
- In a Delaware real estate transaction, what is 'delivery and acceptance' of a deed?
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →