Under the Statute of Frauds, leases longer than how many years must be in writing to be enforceable?

Under the Statute of Frauds, leases longer than how many years must be in writing to be enforceable?

• A. More than one year
• B. More than five years
• C. At least ten years
• D. Any lease must be in writing

Answer: (A)

Under the Statute of Frauds, certain real estate contracts must be in writing to be enforceable. Leases that run longer than one year fall under this requirement. When a lease lasts more than one year, an oral agreement isn’t enforceable; the lease must be in writing and signed to bind the parties. The written lease should spell out essential terms like the parties, the property, the rent, and the duration to prevent disputes. In contrast, a lease for one year or less generally does not require writing to be enforceable, though having a written document is still good practice. Therefore, the threshold is longer than one year.

Under the Statute of Frauds, certain real estate contracts must be in writing to be enforceable. Leases that run longer than one year fall under this requirement. When a lease lasts more than one year, an oral agreement isn’t enforceable; the lease must be in writing and signed to bind the parties. The written lease should spell out essential terms like the parties, the property, the rent, and the duration to prevent disputes. In contrast, a lease for one year or less generally does not require writing to be enforceable, though having a written document is still good practice. Therefore, the threshold is longer than one year.