Contracts
In Minnesota, the statute of frauds requires real estate contracts to be:
ANotarized and witnessed by two parties
BIn writing and signed by the party to be charged✓ Correct
CReviewed by an attorney before becoming enforceable
DFiled with the county recorder within 10 days
Explanation
Minnesota's Statute of Frauds (MN Statute 513.01) requires contracts for the sale of real estate to be in writing and signed by the party against whom enforcement is sought. An oral contract for the sale of land is generally unenforceable in Minnesota.
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