a buyer and seller met at the seller's home and discussed the following terms of a contract for the sale of the seller's house: $100,000 in cash, payable at closing with a cashier's check; a closing date in 30 days; the refrigerator, washer, dryer, and riding lawnmower to be included; and the front porch floor to be repaired where the boards are broken and then painted. because the buyer and seller were first cousins and good friends, they saw no need for a written contract. as the closing date neared, a controversy arose over whether the seller's riding lawnmower was included in the purchase price of $100,000. they were unable to resolve this issue and grew more hostile in their conversations with each other, so the buyer took the seller to court. the court declared the contract to be unenforceable. why did the court do this?

Respuesta :

The sale of real estate is not documented in writing. Contracts for the sale of real property must be in writing to be enforceable under the statute of frauds.

A Contract of Sale of Real Property is an agreement between the buyer and seller that specifies the terms and conditions of the sale of real estate. In this case, the seller agrees to sell and the buyer agrees to purchase real estate.

This document outlines the terms and conditions of the property's sale and purchase. This Contract of Sale of Real Property includes both land and a building.

This document protects the parties to the agreement because it contains terms that they have expressly agreed to, and no party can withdraw from the contract without incurring liability for a breach of contract.

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