Contracts
In Wisconsin, a contract to purchase real estate by a minor (under age 18) is generally:
AVoid and has no legal effect
BVoidable by the minor upon reaching majority✓ Correct
CFully binding on both parties
DValid only if a parent co-signs
Explanation
Contracts with minors are generally voidable by the minor (not void). The minor may disaffirm the contract upon reaching the age of majority (18 in Wisconsin). The other party is bound; only the minor has the right to disaffirm.
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