Florida Real Estate Exam

Category - Florida

Mr. Good and Ms. Best make an oral agreement regarding the sale of Ms.  Best's grapefruit grove in Florida.  This contract normally would be unenforceable in a court of law based on the:

  1. Laws of agency.
  2. Statute of frauds.
  3. Statute of limitations.
  4. Real estate licensing laws.
Explanation
Answer B - Pursuant to the statute of frauds, certain contracts, including those pertaining to the transfer of interests in real property, must be in writing to be enforceable.

Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz