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The Statute of Frauds can be satisfied by any signed writing that (1) reasonably identifies the subject matter of the contract, (2) is sufficient to indicate that a contract exists, and (3) states with reasonable certainty the material terms of the contract.
The statute of frauds typically applies to all contracts transferring an interest in real property, including: Purchase and sale agreements. Leases. Easement agreements.
Statute of Frauds in Florida The state law requires a written agreement regardless of the time when the contract will be performed. The actions that are restricted by the statute are not allowed to be litigated. Litigation is prevented by a concept known as an Affirmative Defense.
The writing can be typed, handwritten, or electronic. The agreement must generally be signed by the party against whom it is being enforced. A signature may be a mark, seal, stamp, electronic signature, or a handwritten agreement.
What Is the Statute of Frauds? The statute of frauds is a legal doctrine requiring that certain types of contracts be in written form. The most common contracts covered by the statute of frauds include the sale of land, agreements involving goods worth $500 or more, and contracts lasting one year or more.