What does an express contract entail?

An express contract is a type of agreement where the terms are clearly stated, either in writing or verbally, leaving no room for misunderstanding. In the context of this question, the correct answer highlights that an express contract must be written. While it's true that express contracts can sometimes be oral, this answer emphasizes the importance of having the terms documented, particularly in real estate transactions where the laws often require written agreements to ensure enforceability and clarity.

Written contracts mitigate risks associated with misinterpretations or disputes, as they provide concrete evidence of the agreed-upon terms. Since the context of the question focuses on the necessity for written agreements, the emphasis on express contracts being written aligns with legal practices in real estate, which often stipulate that contracts for the sale of property must be in writing to be enforceable under the Statute of Frauds. Therefore, knowing that an express contract can be written establishes a stronger understanding of how these contracts function within the real estate framework.