Conditions That Real Estate Contracts Must Meet

October 13, 2009

Different legal jurisdictions have different requirements as to what real estate contracts much contain, if they are to be considered valid. Nonetheless a number of these requirements seem to hold constant across all jurisdictions.

In most places, for instance, real estate contracts have to be in writing. Oral agreements between parties, as such, don’t constitute real estate contracts in most places. The contract has to be written, in order for it to be considered legally binding. Baca Lanjutanya..