The Statute of Frauds is a legal doctrine that requires certain types of contracts to be in writing in order to be enforceable in court. The purpose of the Statute of Frauds is to prevent fraud and perjury by ensuring that important agreements are documented in writing and signed by the parties involved.
The types of contracts that typically fall under the Statute of Frauds include contracts for the sale of real estate, contracts that cannot be performed within one year, contracts for the sale of goods over a certain dollar amount, and contracts in consideration of marriage.
If a contract falls under the Statute of Frauds and is not in writing, it may not be enforceable in court. Each jurisdiction may have its own specific requirements for what constitutes a valid written contract under the Statute of Frauds, so it is important to consult with a legal professional to ensure compliance with the law.
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