Which of the following is true regarding real estate transactions in Georgia?

In Georgia, written contracts are enforceable, which is a foundational principle of contract law. This means that for a real estate transaction to be legally binding and recognized in court, it generally must be documented in writing. Written agreements provide clear terms and conditions, protecting the interests of all parties involved.

Additionally, having contracts in writing helps to minimize misunderstandings, provides a physical record of the agreement, and is often required by law for real estate transactions due to the Statute of Frauds, which specifies that certain contracts must be in writing to be enforceable.

The importance of written contracts cannot be overstated, as they serve as a clear reference point for the obligations of each party and are crucial in situations where disputes arise. Consequently, the option regarding the enforceability of written contracts aligns with the legal standards governing real estate transactions in Georgia.