Ontario Real Estate Salesperson Licensing Exam (OREA Humber)

Under the Ontario Statute of Frauds, what is required for a contract for the sale of land to be enforceable?

A verbal agreement is sufficient The contract must be in writing, signed by the party to be charged Only a witness is needed for verbal agreements Electronic agreements are never enforceable

Correct Answer:

The contract must be in writing, signed by the party to be charged

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