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statute of frauds
(redirected from Statute of Frauds Act 1677)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
Statute of Frauds: see Frauds, Statute of Frauds, Statute of, basis of most modern laws requiring that certain promises must be in writing in order to be enforceable; it was passed by the English Parliament in 1677.
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statute of frauds
A rule that certain kinds of contracts are unenforceable unless signed and in writing or unless there is a written memorandum of their terms signed by the party to be charged. In most states contracts for the sale of real property or for leases of over a specified duration must be in writing to be enforceable.


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