Which contract type is typically required to be in writing to be enforceable in real estate transactions?

Which contract type is typically required to be in writing to be enforceable in real estate transactions?

• A. Unilateral Contracts
• B. Oral Contracts
• C. Express Contracts
• D. Written Contracts

Answer: (D)

Real estate agreements are governed by the Statute of Frauds, which requires contracts that transfer an interest in land to be in writing to be enforceable. A written contract provides a clear, signed record of all essential terms—who is involved, what property is affected, the price, and key dates—so the agreement can be proven and enforced if disputes arise. Oral contracts for real estate generally cannot be enforced for the transfer of property, though there can be limited exceptions in certain situations. Because the enforceable form in real estate is a written contract, this choice is the best answer.

Real estate agreements are governed by the Statute of Frauds, which requires contracts that transfer an interest in land to be in writing to be enforceable. A written contract provides a clear, signed record of all essential terms—who is involved, what property is affected, the price, and key dates—so the agreement can be proven and enforced if disputes arise. Oral contracts for real estate generally cannot be enforced for the transfer of property, though there can be limited exceptions in certain situations. Because the enforceable form in real estate is a written contract, this choice is the best answer.