Which of the following agreements must be in writing?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

A lease for two years must be in writing due to the Statute of Frauds. This legal principle requires certain types of contracts, including leases that extend beyond one year, to be documented in writing to be enforceable. The written requirement exists to provide clear evidence of the terms agreed upon by the parties involved and to help prevent disputes that can arise from misunderstandings in verbal agreements.

In contrast, a verbal agreement for a lease of one year is generally permissible since it does not exceed the one-year duration specified by the Statute of Frauds. Open-ended agreements may also not necessarily require written confirmation, particularly if they can be performed within a year. The requirement for leases of two years ensures that all major terms—such as rent, duration, and responsibilities—are formally acknowledged, thus protecting the interests of both the landlord and the tenant.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy