Asked by Viralou Zafico on Jun 27, 2024
Verified
The creation of a joint tenancy in land must be evidenced in writing.
Joint Tenancy
A form of co-ownership where two or more persons hold an equal interest in a property with the right of survivorship.
Evidenced In Writing
A requirement or practice where the details of an agreement or transaction are documented in written form as proof or validation of its terms.
- Comprehend the criteria that must be met for a contract to be considered enforceable according to the Statute of Frauds.
Verified Answer
DJ
Dillon JohnsonJul 01, 2024
Final Answer :
True
Explanation :
The creation of a joint tenancy in land must be evidenced in writing due to the Statute of Frauds, which requires certain contracts, including those for the transfer of interests in real property, to be in writing to be enforceable.
Learning Objectives
- Comprehend the criteria that must be met for a contract to be considered enforceable according to the Statute of Frauds.
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