Question: Real estate contracts can be exceptionally complex documents that may require the use of an attorney in preparation. Identify the basic requirements for a binding

Real estate contracts can be exceptionally complex documents that may require the use of an attorney in preparation. Identify the basic requirements for a binding contract; after identifying the basic requirements supplement your answer with the requirements for a legal real estate contract. Identify the concept known as statue of frauds and discuss its importance in the real estate transaction.

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