Question
The Statute of Frauds was created in a time when most people could not read and write. Requiring a contract to be put in writing
The Statute of Frauds was created in a time when most people could not read and write. Requiring a contract to be put in writing necessitated the help of someone who could read and write. Is the Statute of Frauds still relevant when the vast majority of people in this country are literate?
2. Using Figure 6-5, or using a template you fine online, create new contract of sale based on the following facts: (please note. This isn't a contract class, but please provide me with more than just the info I asked for in bullet form
Date of contract, names of parties ( Seller and Buyer), address of parties and address of property.
Is anything (think fixtures) included with the sale? Describe.
The purchase price, earnest money, closing costs closing dates, location for closing.
Financing details (%, payment, other terms).
A clause that covers what happens if anything is wrong with the house.
The real estate agent's info.
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