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The Enforceability of Verbal Brokerage Contracts in Real Estate: What You Need to Know
Written by Michelle Oliveira It’s common knowledge to solidify contract terms or deals in writing. In fact, there is a doctrine called the Statute of Frauds which requires that certain contracts be in writing. However, in some cases and jurisdictions, particularly in Real Estate, a written agreement – or lack thereof – does not make the deal void. In certain cases, the deal may remain. If you are in a situation where there is no