What makes a contract legally binding in Oklahoma?

In Oklahoma, oral contracts are enforceable unless a specific statute requires the deal to be in writing. ... For example, contracts for the sale of real estate, or the lease of real estate for more than a year, must be written to be enforceable. Contracts for the sale of goods valued at $500 or more must be in writing. Aug 15, 2012. (oklahoman.com)

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