Contracts
Under Iowa law, an amendment to a purchase agreement must be:
AVerbal and confirmed within 24 hours
BIn writing and signed by all parties to be enforceable✓ Correct
COnly signed by the party requesting the change
DApproved by the listing broker
Explanation
Any amendment to a real estate purchase agreement must be in writing and signed by all parties to be enforceable, just as the original contract must comply with the Statute of Frauds.
Related Iowa Contracts Questions
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