Contracts
Under South Carolina's Statute of Frauds, which of the following DOES NOT need to be in writing to be enforceable?
AA 2-year lease
BA purchase contract for a house
CA 6-month lease✓ Correct
DAn option to purchase real estate
Explanation
Short-term leases (generally under 1 year) are typically exempt from the Statute of Frauds writing requirement in most states. Leases of 1 year or more and real estate sale contracts must be in writing.
Related South Carolina Contracts Questions
- In South Carolina, a real estate contract signed under duress is:
- In South Carolina, 'consideration' in a real estate contract may consist of:
- In South Carolina, an 'earnest money dispute' between buyer and seller is resolved by:
- In South Carolina, a 'land contract' (contract for deed) transfers legal title to the buyer:
- In South Carolina, what is 'rescission' of a real estate contract?
- Which of the following is the BEST description of 'consideration' needed for an option contract in South Carolina?
- In South Carolina, what is a 'merger clause' (also called an 'integration clause') in a contract?
- A South Carolina purchase agreement includes a 'seller's right to continue marketing' clause. This allows the seller to:
Practice More South Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free South Carolina Quiz →