Title: Real estate transactions | Wex | US Law | LII / Legal Information Institute
Headings: Real estate transactions
Real estate transactions
real estate transactions: an overview
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Content: See, e.g., California Civil Code § 2079. Professional organizations may also provide further guidelines. The Federal Fair Housing Act prohibits discrimination in real estate transactions on account of race, color, religion, sex,or national origin. See 42 U.S.C. §§ 3601-3631. Real estate brokers are specifically prohibited from discriminating by the act. See § 3606 of the act. The agreement to sell between a buyer and seller of real estate is governed by the general principles of contract law. See Contracts. The Statute of Frauds requires that contracts for real property be in writing. See, e.g., California Civil Code § 1624.