The Statute of Frauds

question 50

Multiple Choice

The Statute of Frauds:

• A)Makes certain contracts illegal if they are not in writing.
• B)Makes contracts covered by it voidable.
• C)Is designed to protect minors from being taken advantage of.
• D)Makes certain contracts unenforceable if they are not in writing.

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Definitions:

Grantor's Signature

The signature of the individual or entity that grants or conveys rights, typically found in legal documents like deeds and trusts, signifying agreement and compliance.

Acknowledgment

The act of recognizing or admitting something as true, often in the context of legal documents as a formal declaration that the document is signed voluntarily.

Zoning Ordinance Variances

Zoning Ordinance Variances are exceptions granted by a local government allowing a property to be used in a manner that differs from the restrictions outlined in the zoning ordinance.

Property Owner

An individual or entity that legally holds title to or owns real estate or other property.