Contracts
Under Nevada law, which element is NOT required for a valid real estate contract?
AOffer and acceptance
BConsideration
CNotarization✓ Correct
DLegal purpose
Explanation
Notarization is not required for a valid real estate contract in Nevada. The essential elements are offer and acceptance (mutual assent), consideration, legal purpose, competent parties, and in writing (per the Statute of Frauds for real estate).
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