Void vs Voidable Contract
A void contract was never legally valid; a voidable contract is valid until the protected party chooses to void it.
A void contract has no legal effect and was never enforceable, such as an agreement for an illegal purpose. A voidable contract is valid and enforceable until the protected party elects to void, or disaffirm, it.
A minor's contract is the classic voidable contract: the minor may enforce it or disaffirm it. An unenforceable contract is a third category, valid in form but not enforceable in court, such as an oral land sale under the Statute of Frauds.
On the exam
Exam trap
Tested in
Contracts (12% of the exam)
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This definition is Florida real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.