In Texas, which statement is true regarding contracts for the sale of real estate?

Prepare for the Texas Contract Law Exam. Study with engaging multiple choice questions, each with explanations. Get ready to excel in your Texas Contract Law Exam!

In Texas, contracts for the sale of real estate must be in writing to be enforceable under the Statute of Frauds. This legal requirement exists to prevent potential disputes and misunderstandings about the terms of an agreement involving such significant and complex transactions. The Statute of Frauds specifically dictates that certain types of contracts, including those for the sale of land or real estate interests, must be written and signed by the party to be charged or their authorized agent. This requirement serves to provide clear evidence of the agreement and its terms, ensuring that parties are held to their commitments.

In contrast, the other statements do not accurately reflect the law surrounding real estate contracts in Texas. While it might be suggested that oral agreements could suffice in some contexts, they are generally unenforceable in the specific case of real property without a written document. Legal representation is advisable in real estate transactions but not a legal requirement for the validity of the contract itself. Also, contracts cannot be solely based on implied actions since clear terms and conditions must be explicitly stated in writing.

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