Contracts
The parol evidence rule in New Mexico real estate contracts means that:
AOral agreements can override written contract terms
BPrior oral or written negotiations not incorporated into the final written contract are generally not admissible to contradict the written agreement✓ Correct
CAll contract modifications must be verbal
DWitnesses to a contract signing are required
Explanation
The parol evidence rule provides that a fully integrated written contract is the final expression of the parties' agreement, and extrinsic (outside) evidence of prior negotiations cannot be used to contradict its terms.
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