medium · National Real Estate Exam contracts
An oral lease for a term of 11 months is created between a landlord and a tenant.
According to the standard application of the Statute of Frauds, this lease is:
- Valid only if the tenant takes immediate possession
- Void because it violates the law of conveyances
- Enforceable even though it is not in writing
- Unenforceable because all real estate interests require a writing
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