What must an agreement for real estate include to be considered valid?

Study for the New Jersey Title Insurance Producer Exam. Study with flashcards and multiple-choice questions, each question has hints and explanations. Get ready for your exam!

For an agreement regarding real estate to be recognized as valid, it must include written specifications and signatures from the involved parties. This is essential primarily due to the Statute of Frauds, which mandates that contracts for the sale of real estate must be in writing to be enforceable. The written document serves to clearly outline the terms of the agreement, ensuring there is no ambiguity about each party's rights and obligations.

Furthermore, having signatures from both parties demonstrates mutual consent and authenticity of the agreement. This written format is crucial not just for enforcement purposes, but also for providing a clear record in case disputes arise. Therefore, the combination of written specifications and the required signatures is fundamental in establishing a valid real estate contract.

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