What does the Statute of Frauds require regarding leases?

The Statute of Frauds requires that certain agreements be in writing to be enforceable, and this specifically includes leases that last longer than one year. This provision is intended to avoid disputes and provide clear evidence of the agreement's terms. Therefore, any lease that exceeds this duration must be documented in writing to ensure that both parties have a clear record of their rights and obligations.

Leases shorter than one year may be oral and still enforceable, although it is generally advisable to have a written agreement to avoid misunderstandings. Additionally, while a landlord may need to approve certain conditions in the lease, this approval is not a requirement stipulated by the Statute of Frauds. This legal framework aims to protect the interests of both parties involved in a leasing contract, emphasizing the importance of written agreements in long-term leases.