Contracts
Under Nevada law, what is the legal effect of a minor (under 18) signing a real estate purchase agreement?
AThe contract is void and has no legal effect
BThe contract is voidable by the minor — the minor may disaffirm the contract before or shortly after reaching the age of majority, while the adult party remains bound✓ Correct
CThe contract is fully enforceable if a parent co-signs
DNevada law allows minors to enter binding real estate contracts at age 16
Explanation
Contracts with minors are voidable in Nevada — the minor has the right to disaffirm. The adult party cannot void the contract; only the minor can.
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