Contracts
Which of the following is NOT a required element for a valid Wisconsin real estate contract?
AMutual consent (offer and acceptance)
BConsideration
CWritten form signed by both parties
DA witness signature✓ Correct
Explanation
Wisconsin real estate contracts must be in writing and signed by the parties under the Statute of Frauds, but witness signatures are not required for validity. The essential elements are offer and acceptance, consideration, legal capacity, and legality of purpose.
Related Wisconsin Contracts Questions
- In Wisconsin, a real estate contract that requires performance of an illegal act is:
- Under Wisconsin law, earnest money in a real estate transaction is held by:
- A Wisconsin WB-11 offer is contingent on the sale of the buyer's current home. If the seller receives a better offer, the seller may issue a:
- In Wisconsin, a right of first refusal gives the holder the right to:
- The WB-11 financing contingency in Wisconsin protects the buyer by:
- The Wisconsin WB-11 form's 'secondary offer' provision allows:
- A Wisconsin listing agreement is a contract between the seller and:
- In Wisconsin, once the buyer and seller have a fully signed WB-11 offer, the document is referred to as a:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →