An Oral Contract for a Transfer of Land Is Always

question 56

True/False

An oral contract for a transfer of land is always enforceable.​

---

Definitions:

Full Payment

The complete settlement of an amount due, leaving no balance.

Assignment

The transfer of a debtor’s property to an Official Receiver under a voluntary assignment in bankruptcy.

Amount Owing

The total sum of money that is due or payable to another party.

Not to Commit Waste

A principle obligating a party to avoid causing damage or destruction to property.