Asked by Yessica Aguilar on Jun 28, 2024
Verified
An agreement that involves an option to buy real property need not be in writing for the option to be enforced.
Real Property
Land and everything attached to it, such as trees and buildings.
- Define the classifications of agreements subject to the Statute of Frauds requirements.
Verified Answer
ZK
Zybrea KnightJul 03, 2024
Final Answer :
False
Explanation :
An agreement involving an option to buy real property must be in writing to be enforceable due to the Statute of Frauds, which requires certain contracts, including those for the sale of real estate or interests in real estate, to be in writing.
Learning Objectives
- Define the classifications of agreements subject to the Statute of Frauds requirements.