Humber/Ontario Real Estate Course 2 Exam Practice

Question: 1 / 1300

Which act requires that all contracts for real estate be in writing?

Common Law Act

Landlord and Tenant Act

Real Estate Business Brokers Act

Statute of Frauds

The correct answer is D. The Statute of Frauds requires that all contracts for the sale of real estate must be in writing to be enforceable. This law helps prevent misunderstandings and fraud in real estate transactions by ensuring that there is a clear written record of the agreement.

Options A, B, and C are not the correct answers because they do not specifically address the requirement for real estate contracts to be in writing. The Common Law Act and Landlord and Tenant Act deal with different aspects of property law, while the Real Estate Business Brokers Act regulates the activities of real estate brokers and salespersons, but none of these acts specifically mandate that real estate contracts must be in writing.

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