Sec. 79a. Unless Barred By Statute, Broker May Be Authorized By Parol To Make A Valid Contract To Sell Or Lease Real Property
Description
This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Sec. 79a. Unless Barred By Statute, Broker May Be Authorized By Parol To Make A Valid Contract To Sell Or Lease Real Property
Except in those States where the statutes expressly require the authority to be in writing, an agent may be authorized by parol to make a valid contract for the sale or the leasing of his principal's lands. Mechem on Ag. Sec. 89.
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