North Dakota License Law
A real estate transaction in North Dakota involving property worth more than what amount requires a written agreement?
AAny amount✓ Correct
B$500 or more
C$1,000 or more
D$5,000 or more
Explanation
Under the Statute of Frauds, any real estate sales contract must be in writing to be enforceable, regardless of the transaction amount. There is no minimum dollar threshold for the writing requirement.
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