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Real Estate
Reply to "Any way to enforce a verbal offer to lease?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So so much bad info on here First the statute of Frauds says all real estate contracts for a term of 1 year or more must be in writing. Second, a text exchange is a writing and is likely enforceable. Third the consideration is the mutual exchange of promises in this instance (ie party 1 will lease the property, party 2 will pay rent). [/quote] Of all the exam responses, this is the top one[/quote] There's essentially zero chance that the text messages are detailed enough to constitute an agreement to lease in writing to the point that a court would throw an owner out of their house to let OP have it. Besides, OP admits that they needed to see the owner again to pay a deposit that (they did not), and execute a lease (that they did not). Pretty clear that neither the owner or OP thought they had an enforceable agreement. [/quote]
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