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Rent_Share

Rent_Share

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Talent312 said:
In my state, at least, a contract to convey real estate must still be both in writing and executed with a "wet" signature. Pressing an electronic button does not count becuz the there is no way the offer could contain all the many variables of a real estate transaction.
Click to expand...

Which is the underlying reason eBay has the blanket policy that real estate auctions are non binding

Keeps them from having to comply with 50 sets of regulations regarding real estate contracts

http://en.wikipedia.org/wiki/Statute_of_frauds
 
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