Which of the following is categorized as not a contract of record?

The correct choice is informal contract, which is categorized as not a contract of record. An informal contract, often referred to as a simple or verbal agreement, typically lacks the formal requirements and documentation needed to be recorded with a governing authority. As such, it does not create a public record that can be easily verified or enforced in court.

In contrast, an executory contract involves obligations that are still pending performance, and it generally can be recorded as it demonstrates a clear contractual intent and expectations. Executed contracts are those in which all parties have fulfilled their obligations, making them also suitable for potential recording. Formal contracts, which have specific legal requirements and are often written and signed, serve to solidify the agreement in a way that makes it eligible to be recorded.

This distinction highlights the significance of documentation and legality in contracts, especially in real estate, where formal recognition can impact enforceability and ownership rights.