Contracts
In Maryland, a real estate sales contract is legally enforceable if it meets which basic requirements?
AOffer, acceptance, consideration, legal purpose, and competent parties✓ Correct
BNotarization, witnesses, and recording
CApproval by MREC and a title company
DListing agreement and MLS entry
Explanation
A valid Maryland real estate contract requires offer, acceptance, consideration, legal purpose, and competent parties (capacity).
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