Contracts

Under the Statute of Frauds, which of the following real estate agreements must be in writing to be enforceable?

AA month-to-month rental agreement
BA listing agreement for commercial property✓ Correct
CAn oral lease for less than one year
DA property management agreement for 30 days

Explanation

Under the Statute of Frauds, real estate contracts — including listing agreements — must generally be in writing to be enforceable. Oral leases for less than one year may be exempt in some jurisdictions.

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