An enforceable contract is a legally binding contract that the courts will recognize.
The Florida Statutes of frauds requires that contracts conveying an interest in real property and contracts that are not to be performed within one year of the date created, must be in writing and signed to be enforceable.
Contracts covered by Florida's statute of frauds include the following:
-Purchase and Sale Contracts -Option Contracts
-Deeds and Mortgage Instruments
-Lease agreements for a term longer than 1 year
-Listing agreements for a term longer than 1 year.
This information is courtesy of Captain Wayne Rowlett and Rowlett Real Estate School www.rowlettrealestateschool.com
Rowlett Real Estate provides traditional classroom training in Panama City, Florida and in Destin Florida.
Feel free to visit our classroom schedule at
http://www.rowlettrealestateschool.com/fl-schedule.htm
Rowlett Real Estate School is a full service Florida real estate school with online real estate courses in most every state at
http://www.rowlettcareerschool.com/
P.Stone, RRES
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