Contracts
Which of the following is required for a valid real estate contract in Georgia?
ANotarization
BOffer and acceptance, consideration, legally competent parties, and legal purpose✓ Correct
CApproval by GREC
DWitnesses at signing
Explanation
A valid contract requires: mutual assent (offer and acceptance), consideration, legally competent parties (legal capacity), and a legal purpose. In Georgia, real estate contracts must also be in writing.
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