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Purchase Agreement Statute of Frauds

Gray Reed

Busted Land Transaction Violated the Statute of Frauds

Gray Reed on

In the Estate of Terry Banta presents yet another purported Texas land transaction doomed because of disregard for the Statute of Frauds. Terry Banta and the Herriotts entered into an oral agreement for the Herriotts to...more

Stoel Rives LLP

In Idaho, Make Sure Your Deal Includes an Exact Description of the Land Involved

Stoel Rives LLP on

Two recent opinions from the Idaho Supreme Court demonstrate the risks you take when you document a real estate deal without an exact description of the land. In Hoke v. Neyada (Docket No. 43343) (Idaho 2016), the seller of...more

Farrell Fritz, P.C.

Forum Selection Clause in Broker Agreement Insufficient to Confer Personal Jurisdiction

Farrell Fritz, P.C. on

The Second Department recently handed down a harsh reminder of the importance of obtaining an executed broker’s agreement.  Oral agreements for broker fees are apt to run afoul of the statute of frauds, and personal...more

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