Contracts
In Idaho, an offer to purchase real estate becomes a binding contract when:
AThe buyer signs the offer
BThe seller signs and acceptance is communicated to the buyer✓ Correct
CThe earnest money is deposited
DBoth parties' attorneys approve the terms
Explanation
A binding contract is formed in Idaho when the seller accepts all terms of the offer and that acceptance is communicated to the buyer (or buyer's agent). Mere signing without communication is insufficient.
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