How many original contracts are required, regardless of the number of signatures?

In the context of real estate transactions, an original contract refers to the formal written agreement that outlines the terms and conditions of a deal. Typically, one original contract is required for the parties involved in a transaction, regardless of the number of parties signing it. This original serves as the authoritative document that details the obligations and rights of each party.

Having only one original contract simplifies the process of storing and referencing the agreement. It also ensures that there is a single point of authority when it comes to understanding the terms agreed upon by the parties involved. While multiple copies may exist for the sake of each party's record-keeping or for other purposes, the essence of the transaction is encapsulated in that one original contract.

Here, the other choices relate to the misconception that multiple originals are necessary or that contracts can exist without any original copies. In standard practice, maintaining a single original minimizes confusion, clarifies obligations, and provides a clear basis for legal reference if disputes arise. Thus, the requirement for one original contract highlights the focus on clear and enforceable agreements in real estate transactions.