Contracts
In Ohio, an oral real estate listing agreement is:
AValid and enforceable
BUnenforceable under the Statute of Frauds, which requires real estate contracts to be in writing✓ Correct
CValid if witnessed by two people
DValid if the property sells within 30 days
Explanation
Ohio's Statute of Frauds requires listing agreements to be in writing. An oral listing agreement is unenforceable, and the broker cannot collect a commission based solely on an oral agreement.
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