Contracts
In Louisiana, an Agreement to Purchase or Sell real estate is enforceable only if it contains which of the following?
AThe buyer's credit score and loan pre-approval letter
BA legal description of the property, price, and signatures of all parties✓ Correct
CThe broker's license number and commission amount
DA mortgage contingency clause
Explanation
Under Louisiana law, a contract to buy and sell real estate must include the legal description of the property, the agreed purchase price, and signatures of all parties. These elements are essential for an enforceable real estate contract.
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