CAN YOU HAVE A BINDING “WRITTEN” CONTRACT IF ONLY ONE OF THE PARTIES SIGNED IT?
Generally, under New York law, real estate transactions must be in writing and signed by the parties to be enforceable. General Obligations Law § 5-703(3) states that a contract to transfer real property is void unless the contract or some note, or memorandum thereof is in writing and signed by the “party to be charged therewith.”. … Read more