Contracts
In New York, the 'doctrine of part performance' may allow enforcement of an oral real estate contract when:
ABoth parties agree in court
BThe buyer has taken possession, paid a portion of the price, and made improvements in reliance on the oral agreement✓ Correct
CThe broker recorded the contract
DThe seller confirms the price in an email
Explanation
New York courts may enforce an otherwise unenforceable oral real estate contract under the doctrine of part performance when the buyer's acts of possession, payment, and improvement are clearly referable to the alleged oral contract, making it inequitable for the seller to rely on the Statute of Frauds.
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