Contracts
In Oregon, which of the following must be in writing to be enforceable under the Statute of Frauds?
AA verbal agreement to lease for 11 months
BA contract to purchase real property✓ Correct
CA property management agreement lasting 6 months
DAn agreement to refer a client to another broker
Explanation
The Statute of Frauds requires contracts for the sale of real property to be in writing to be enforceable. Oregon follows this principle — an oral agreement to buy or sell real estate is generally not enforceable.
Related Oregon Contracts Questions
- In Oregon, the buyer's right to rescind after receiving a Seller's Property Disclosure Statement is:
- Which of the following is a required element for a real estate purchase contract to be valid in Oregon?
- An Oregon buyer and seller agree verbally to a $10,000 price reduction after the inspection. For this modification to be legally enforceable, it must be:
- An Oregon seller accepts a buyer's offer at 9:00 AM and notifies the buyer's agent at 10:00 AM. At 9:30 AM, the buyer had emailed a revocation of the offer. The contract is:
- Which of the following is required for an Oregon real estate purchase contract to satisfy the Statute of Frauds?
- An Oregon seller receives a full-price offer but declines because they changed their mind about selling. The buyer's options include:
- In Oregon, a buyer who defaults on a purchase contract may be sued by the seller for:
- A contract that is 'voidable' means:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →