What form must all real estate transactions in Delaware be completed in?

In Delaware, all real estate transactions must be completed in written form. This requirement is grounded in the Statute of Frauds, which mandates that certain types of contracts, including those involving the sale or transfer of real property, must be documented in writing to be legally enforceable.

Utilizing a written form provides clarity to the terms of the agreement, protects both parties by documenting the transaction details, and reduces the likelihood of disputes over what was agreed upon. It establishes a legal record that can be referred to in case of any issues that might arise after the agreement is made.

Other forms, such as oral agreements or verbal agreements, while they might reflect a mutual understanding between the parties, lack the enforceability and safeguards of a written contract in real estate transactions. Electronic forms can be acceptable as well, but they still need to be documented and have the proper signatures to satisfy the requirement for written agreements.