National Real Estate Exam Quiz
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REAL ESTATE CONTRACTS AND AGENCY
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A real estate contract signed by a person declared legally incompetent by a court is:
A
Valid if the person understood the nature of the transaction at signing
B
Voidable at the option of the incompetent person or their guardian
C
Void and has no legal effect regardless of other circumstances
D
Unenforceable unless approved by the court that declared the incompetency
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