Question
Willis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as adown payment; one-half payable in 30
Willis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as adown payment; one-half payable in 30 days at the time of closingwhen the deed will be transferred. The buyer, Willis, is to have possession immediately. Willie pays Leslie $25,000, takes possession of the land and starts building a house. At the time of closing , the house is nearly completed. However, Leslie refuses to transfer the title, claiming the oral contract is not enforceable. Who wins? Why or why not? Be sure to include all applicable laws.
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