What are the six examples of Statute of Frauds?

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2026-05-15 08:20

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The Statute of Frauds requires certain types of contracts to be in writing to be enforceable. Six examples include: 1) contracts for the sale of real estate, 2) contracts that cannot be performed within one year, 3) contracts for the sale of goods priced at $500 or more, 4) contracts to pay the debt of another, 5) contracts made in consideration of marriage, and 6) contracts for the sale of personal property valued over a certain amount, which varies by jurisdiction. These requirements help prevent fraud and misunderstandings in contractual agreements.

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