Hawaii Pre-Licensing National Practice Exam

An oral sales contract involving real estate may not be enforceable in a court of law primarily due to the Statute of Frauds. This legal principle requires specific types of contracts, including those for the sale of real estate, to be in writing in order to be legally binding. Because of this requirement, even if there is mutual consent and agreement between the parties in an oral contract, it can be challenging to enforce if disputes arise. The lack of a written record makes it difficult to provide tangible evidence of the terms agreed upon, which can lead to uncertainty and potential legal complications. Hence, the enforceability of an oral sales contract concerning real estate can be quite limited, directing one toward the necessity for a written agreement to secure the intent and rights of the parties involved.