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Asked and answered here more times than I can count on 10 fingers and 10 toes. If you google the term, you'll get an answer. I suggest you refer back to past answers in this section and maybe do some more research yourself and write a post about what you learned. You'll absorb the information much better that way.
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Jim Paulson
Boise, ID
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Inna Ivchenko
Encino, CA
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Fred Griffin Florida R...
Tallahassee, FL
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Julie Larson Realtor® ...
Sarasota, FL
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Teri Pacitto
Westlake Village, CA
1,712,876
Ask an attorney.
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Jim Paulson
Boise, ID
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Teri Pacitto
Westlake Village, CA
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Nina Hollander, Broker
Charlotte, NC
2,073,329
1,045,440
There is this really really cool new thing to answer fact type questions... Have you heard of Google?
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Great question for an attorney Anonymous.
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Anthony Acosta - ALLAT...
Atlanta, GA
2,195,099
A test question on the state licensing exam
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Michael J. Perry
Lancaster, PA
409,203
Hmmm, vague question by an "anonymous" poster . . . I will pass.
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John Pusa
Glendale, CA
3,988,013
It is the law or statute that requires real estate contracts to be in writing if you want them to be enforceable. I want all mine to be enforceable.
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Jim Paulson
Boise, ID
4,181,025
1,598,452
6,424,202
4,319,773
Alan May has a solution and Nina perhaps answered it so many times...lol!
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Try Google and tell your teachers we are not amused with these questions.
Asking of student questions as Anonymous is against the rules, per Active Rain Staff Bob Stewart. Reporting.
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They begin with anonymous people doing fraudulent things. Best to build an account on AR and be visible.
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If you really want to learn something on this subject matter ... you may find this interesting.
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Is this something you are currently learning about in real estate school, or somet specific reason to ask? -Kasey
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Generally, it requires that contracts be in writing and signed by all parties....