A, B, C & D are the co-owners of a parcel of land. They agreed to orally partition the property. Is the partition valid?

Question

Quizplus · Accepted Answer

The contract is valid and enforceable because, in matters of real estate, the Statute of Frauds typically requires certain contracts to be in writing to be enforceable, such as conveyances and leases. However, a partition, which is the division of property among co-owners, is not considered a conveyance or a lease but rather a segregation of the property. Therefore, it does not necessarily have to be in writing to be valid and enforceable.

A, B, C & D Are the Co-Owners of a Parcel