17. Flint leased a building to Newton under an agreement that gave Newton the right to occupy...
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17. Flint leased a building to Newton under an agreement that gave Newton the right to occupy the premises for two years, with an option to renew for an additional one-year period. In order to be enforceable, must this lease be in writing and signed by both Flint and Newton?
A. Yes, because all contracts dealing with real property must be in writing in order to be enforceable.
B. Yes, because the lease is for a period of time in excess of one year.
C. No, because oral leases for five years or less are enforceable.
D. No, because a two-year oral lease is enforceable.
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Related Book For
Real Estate An Introduction To The Profession
ISBN: 978-0324787504
11th Edition
Authors: Charles J. Jacobus
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