Contracts
In Rhode Island, the statute of frauds requires that contracts for the sale of real property must be:
ANotarized by a Rhode Island notary public
BRecorded with the town clerk
CIn writing and signed by the party to be charged✓ Correct
DReviewed by an attorney before execution
Explanation
Rhode Island's statute of frauds requires that contracts for the sale of real property be in writing and signed by the party against whom enforcement is sought.
Related Rhode Island Contracts Questions
- A Rhode Island seller's disclosure form is required to be provided by the seller under what law?
- A Rhode Island buyer submits a purchase offer. The seller changes one term and signs the changed document. This is legally a:
- A Rhode Island seller accepts an offer but wants to continue showing the property. They insist on a 'kick-out clause.' What does this allow?
- What is 'liquidated damages clause' in a Rhode Island purchase agreement, and when is it enforceable?
- In Rhode Island, which party may rescind a residential purchase agreement after receiving the Residential Real Estate Condition Disclosure Statement?
- A Rhode Island land contract (contract for deed) is an agreement where:
- An 'assignment' of a contract means:
- What is a 'contingency' in a Rhode Island real estate contract?
Practice More Rhode Island Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Rhode Island Quiz →