Contracts
A contract for the sale of New Jersey real estate that is NOT in writing is generally:
AValid and fully enforceable
BUnenforceable under the Statute of Frauds✓ Correct
CIllegal
DAutomatically void
Explanation
New Jersey's Statute of Frauds requires contracts for the sale of real property to be in writing and signed to be enforceable in court.
Related New Jersey Contracts Questions
- In New Jersey, an option contract in real estate gives the optionee (buyer):
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