For the assignment of a contract for the sale of land to be enforceable, what is required under the Statute of Frauds?

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To enforce an assignment of a contract for the sale of land, the necessity of a written documentation arises from the Statute of Frauds, which is a legal principle requiring certain contracts to be in writing to be enforceable in court. Specifically, the Statute of Frauds mandates that agreements involving the sale of real property must be documented in writing. This requirement helps prevent fraudulent claims and misunderstandings regarding the terms of the agreement.

The written evidence must typically include essential details such as the parties involved, the property description, and the price or consideration involved. This written requirement serves as proof of the agreement and its terms, making it a fundamental aspect of property transactions. Consequently, oral agreements or informal understandings regarding the sale of land are generally not enforceable under the Statute of Frauds.

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