2. Oral contracts for the sale of land fall under the Statute of Frauds, but under what circumstance might a court enforce such a contract?

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Business

Kaydence Rollins

7 October, 07:01

2. Oral contracts for the sale of land fall under the Statute of Frauds, but under what circumstance might a court enforce such a contract?

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Answers (2)

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Lucia Drake · Answer 1

Oral contracts for the sale of land can be enforceable if the buyer paid part of the cost of the land, has taken possession and made permanent improvement to the land.

Explanation: A contract is an agreement either written or spoken that is intended to be enforceable by law.

Oral Contracts represents spoken agreements. In the case of the possession of a land, it is considered fraudulent. However, it can be enforceable by law if the buyer paid a part of the price, has taken possession and permanently done some improvements on the land.

Mollie Mueller · Answer 2

The correct answer is letter "C": If the buyer paid part of the price, taken possession, and made permanent improvements to the land.

Explanation:

The Statute of Frauds or SoF mostly applies to the sales of lands and requires contracts to be written. Some of those contracts include promises on marriages, incomplete contracts that last less than one year, land contracts, and promises on estate's debts.

When talking about land contracts, if there is an oral contract and the individual purchasing the land took possession of the property and made permanent improvements the SoF can be enforced.