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Can a minor or mentally impaired person enter into a Real Estate Contract?

April 26, 2017contract enter impaired mentally minor person Real Estate

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Can a minor or mentally impaired person enter into a Real Estate Contract?

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Not really. A real estate contract must involve competent parties. Mentally impaired, drugged persons, etc. can not enter into a real estate contract. Contracts in which at least one of the parties is a minor are capable of being voided, but not unless action is taken by the minor to void it.