Which of these is an implied contractual condition in a real estate sales contract?

An implied contractual condition in a real estate sales contract refers to assumptions or understandings that are inherent in the agreement, even if they are not specifically outlined in the contract itself. Freedom from fraud and misrepresentation falls into this category, as it is generally understood that all parties entering into a real estate transaction are doing so based on truthful representations of the property and the parties involved.

In any real estate transaction, the assumption is that the representations made by the seller regarding the property are accurate and that there has been no intent to deceive or provide false information. This creates a foundational expectation that the buyer is protected from fraud or misrepresentation, which is critical to the integrity of the real estate market and the trust needed in such transactions.

While the other choices pertain to important elements of a real estate contract, they do not carry the same implied contractual condition. Buyer and seller names, property location or description, and the purchase price are all essential components explicitly defined within a sales contract, rather than assumptions or conditions that are inherently understood.