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Gnoma [55]
4 years ago
14

Tenant A signs a lease to rent an apartment, with the lease running from October 1 until November 1 of the following year. Tenan

t B signs a two-year lease to rent an apartment in a new building that will be ready for occupancy in 15 months. Which of these leases must be in writing to satisfy the statute of frauds?
Social Studies
1 answer:
Elza [17]4 years ago
6 0

Answer:

Correct Answer: The lease that will be in writing to satisfy the statute of fraud is:

1. Tenant A signs a lease to rent an apartment, with the lease running from October 1 until November 1 of the following year.

Explanation:

This is because, for Tenant A, there is a high probability that, he or she could possibly refuse to rent the apartment after the owner might have made some expenses thereby causing more harm. <em>Signing a contract agreement in writing is a way to prevent fraud unlike Tenant B who signed ahead of the fact that the building is not yet ready.</em>

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Answer:

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Tpy6a [65]

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7 0
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jasenka [17]

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4 0
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