How the Statute of Frauds Applies to Real Estate Transactions

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

_____ requires that certain agreements relating to real estate must be in writing and signed.

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1. Ed orally agrees to give Laura an easement to cross over Ed's land to reach a lake. The next day, he changes his mind. Is the agreement enforceable?

2. Which of the following does not require a signed writing?

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About This Quiz & Worksheet

Assess what you know about the statute of frauds and real estate with this worksheet and attached quiz. Topics on the quiz for which you'll be responsible include certain agreements relating to real estate and what makes an agreement enforceable.

Quiz & Worksheet Goals

The worksheet and quiz will help you to:

  • Identify what requires a signed writing
  • Determine what is required for the application of promissory estoppel
  • Interpret a scenario to find out the best argument for an enforcement of an agreement

Skills Practiced

The quiz and worksheet will help you to practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on the statute of frauds and real estate
  • Making connections - use understanding of the concept of agreements and how they are connected to real estate
  • Interpreting information - verify that you can read information regarding the application of promissory estoppel and interpret it correctly

Additional Learning

Find out more on this subject with the lesson called How the Statute of Fraud Applies to Real Estate Transactions. The lesson will adhere to the following goals:

  • Assess an application for a lease
  • Identify contractual exceptions
  • Define promissory estoppel
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