Contracts
What is the Statute of Frauds requirement for Ohio real estate contracts?
AContracts must be notarized
BContracts must be in writing and signed by the party to be charged✓ Correct
CContracts must be witnessed by two parties
DContracts must be filed with the county recorder
Explanation
The Statute of Frauds requires real estate contracts to be in writing and signed by the party being enforced against. This prevents fraud from verbal claims of real estate agreements.
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