Contracts
Under Vermont law, a real estate sales contract signed by a minor (under age 18) is generally:
AVoid and has no legal effect
BVoidable at the minor's option — the minor may disaffirm the contract upon reaching majority✓ Correct
CFully binding on the minor
DBinding only if the minor's parent cosigns
Explanation
Contracts entered into by minors are voidable (not void) at the minor's election. The minor may disaffirm the contract within a reasonable time after reaching the age of majority (18 in Vermont).
Related Vermont Contracts Questions
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