Contracts
Under Georgia contract law, which element is NOT required for a valid real estate contract?
AMutual agreement (offer and acceptance)
BConsideration
CNotarization✓ Correct
DLegally competent parties
Explanation
Notarization is not required for a valid Georgia real estate sales contract. The essential elements are mutual agreement, consideration, legally competent parties, legal purpose, and in Georgia contracts for sale of real estate must be in writing (Statute of Frauds).
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