Kenner v. Edwards Realty & Finance Co.

A memorandum of agreement to purchase an interest in lands is not void under the statute of frauds when it contains terms essential in making it definite with respect to who the contracting parties are, their relation to each other, who the seller is, and who the buyer, their intention, the property, and the terms of payment. The provisions of the statute are very explicit.

“Every contract for the leasing for a longer period than one year or for the sale of any lands or any interest in lands shall be void unless the contract or some note or memorandum thereof, expressing the consideration, be…