Many states provide that a lease for a term exceeding __________ must be in writing.
A) three (3) months
B) six (6) months
C) one (1) year
D) three (3) years

Question

Quizplus · Accepted Answer

Many states have statutes known as the Statute of Frauds, which require that certain types of contracts, including leases for a term exceeding one year, be in writing to be enforceable. This helps to prevent disputes over the terms of the lease and ensures that both parties understand their obligations under the agreement.

Many States Provide That a Lease for a Term Exceeding