Contracts
Which of the following is NOT a required element for a valid West Virginia real estate contract?
AOffer and acceptance (mutual assent)
BLegal consideration
CNotarization of signatures✓ Correct
DLegal capacity of the parties
Explanation
Valid contracts require offer and acceptance, consideration, legal capacity, and legal purpose. For real estate, the Statute of Frauds adds a writing requirement. Notarization is required for deed recording but not for a valid purchase contract.
Related West Virginia Contracts Questions
- A West Virginia real estate purchase contract becomes binding when:
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- In West Virginia, a purchase contract may be assigned to another party unless:
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