What is a requirement for the enforceability of real estate contracts?

For a real estate contract to be enforceable, it is required that it be in writing. This requirement stems from the Statute of Frauds, a legal doctrine that mandates certain types of contracts, including those for the sale of real estate, to be in writing to be legally binding. The primary reason is to prevent fraud and misunderstandings between parties regarding the terms of the agreement, ensuring that there is clear and tangible documentation of the parties' intentions and obligations.

While having witnesses present, attorney review, and signatures from all parties can enhance the legality and enforceability of a contract, they are not universal requirements for the enforceability of real estate contracts. The key element that must always be met is having the contract in writing, which serves as the foundational evidence of the agreement between the parties involved.