Contracts
Under the Statute of Frauds, real estate contracts in South Dakota must be:
ANotarized by a public notary
BApproved by the Real Estate Commission
CIn writing and signed by the parties to be enforceable✓ Correct
DFiled with the county recorder within 10 days
Explanation
The Statute of Frauds requires real estate contracts to be in writing and signed by the parties to be legally enforceable. Oral real estate agreements are generally unenforceable.
Related South Dakota Contracts Questions
- In South Dakota, which of the following constitutes a material breach of a purchase agreement by the seller?
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