Fundamentals of Surveying (FS) Practice Exam

According to the Statute of Frauds, what is required for the transfer of title to land?

1. Oral agreement

2. Written documentation

3. Notarized statements

4. Witness signatures

The correct answer is: Written documentation

The transfer of title to land is governed by the Statute of Frauds, which mandates that certain types of contracts must be in writing to be enforceable. This requirement serves to prevent fraudulent claims and misunderstandings related to real property. A written document must clearly outline the terms of the agreement between parties for the transfer of land to be legally recognized. This written documentation should include essential details, such as the identification of the parties involved, the description of the property, and the terms of the transfer. Although other forms of agreement, such as oral agreements or notarized statements, may play roles in real estate transactions, they do not fulfill the requirements set forth by the Statute of Frauds when it comes to the legal transfer of property title. Written documentation is the critical element that ensures clarity and legal compliance in such transactions.