Contracts
In New York, a contract for the sale of real property must be in writing to be enforceable under:
AThe Parol Evidence Rule
BThe Statute of Frauds (General Obligations Law §5-703)✓ Correct
CReal Property Law Article 9-B
DThe Uniform Commercial Code
Explanation
New York's Statute of Frauds, codified in General Obligations Law §5-703, requires contracts for the sale of real property to be in writing and signed by the party to be charged in order to be enforceable.
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