Contracts
Under the Statute of Frauds, real estate contracts in New Mexico must be:
AWitnessed by a notary public
BIn writing to be enforceable✓ Correct
CApproved by the New Mexico Real Estate Commission
DRecorded in the county where the property is located
Explanation
The Statute of Frauds requires that real estate contracts be in writing to be enforceable. Verbal agreements for the sale of real estate are generally not enforceable.
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