E. Statute of Frauds Flashcards
1
Q
What type of agreement/promise/undertaking requires in writing and signed by party to be charged, in order to sue for breach of contract?*
A
- Sale of real property
- Lease of real property for MORE than 1 year
- NOT performable within 1 year from making
- NOT performable in completion before end of lifetime
- Special promise to answer for debt/default/miscarriage of another
- Made in consideration of marriage (NOT mutual promise to marry)
- Subsequent/new promise to pay debt discharged in bankruptcy
- Contract to pay compensation for negotiating mortgage/real estate interests (NOT auctioneers/lawyers/real estate brokers)
2
Q
What is required for the grant/assignment/surrender/declaration of real estate for LESS than one year?*
A
By act of law
By deed/conveyance in writing + signed by Grantor
- Electronic
- By hand
By lawful agent authorised by writing
3
Q
What may happen in cases of part performance?
A
Courts may compel specific performance