Your essay answer must be between 2–3 pages. This does not include a title page or the reference page. Essay answers are expected to be logical, based in legal terms, with appropriate in-text and reference page APA citation format. Direct your reading to the Statute of Frauds and Real Estate Transactions.
- What are listing agreements?
- Why do you think that the sale of real estate is under the Statute of Frauds?
- What contract terms are required in the sale of real estate under the Statute of Frauds?
- What is a “time is of the essence” clause in a real estate contract? What do you think is the public policy reason underlying this clause?
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