Many land experts prefer to write contracts for the sale of property under Article 2, as it tends to favor sellers.

Question

Quizplus · Accepted Answer

Article 2 of the Uniform Commercial Code specifically applies to the sale of goods, not real estate, so it would not be used for contracts for the sale of property. Real estate contracts are usually governed by state laws and regulations, which may vary in terms of favoring either buyers or sellers.

Many Land Experts Prefer to Write Contracts for the Sale