Posts Tagged ‘statute of frauds’
A Verbal Contract to Build a Home Should be Enforceable
A Verbal Contract to Build a Home Should be Enforceable Question: We want to build a home on a lot we own in north Scottsdale. After interviewing several homebuilders, we found a homebuilder that we liked. The reason that we liked this homebuilder was that we had looked at a specific home a mile…
Read MoreCourt of Appeals Approves Verbal Co-Broker Referral Agreement if Performed Within One Year
On November 23, 2012, the Arizona Court of Appeals ruled that a verbal referral agreement between two real estate brokers was not enforceable because the verbal referral agreement could not be performed within one year as required by the Statute of Frauds. Facts Broker A entered into a verbal referral agreement for a…
Read MoreEvidence Backs Sister on Verbal Agreement
Question: Three years ago, I moved from Chicago to Arizona to take care of my mother. My sister encouraged me to come to Arizona to help her with the care of my mother and, because I did not have good credit, my sister paid $25,000 down on a house and she qualified for the 15-year…
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