Contracts
Under Idaho contract law, what is the 'parol evidence rule' and how does it affect real estate contracts?
AA rule requiring all contracts to be notarized
BA rule that generally prevents parties from introducing prior oral or written negotiations to contradict or vary the terms of a fully integrated written contract✓ Correct
CA rule requiring contracts to be filed with the county
DA rule permitting verbal modifications of written contracts
Explanation
The parol evidence rule prevents parties from introducing evidence of prior oral or written negotiations to contradict the terms of a final, integrated written contract. In Idaho real estate, once parties sign a purchase agreement, they generally cannot claim different terms were verbally agreed to earlier — the written contract controls.
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