Resources › Glossary
Statute of Frauds
What is the statute of frauds in an association setting?
The statute of frauds requires certain agreements (such as service contracts or real estate sales) to be in writing to be legally enforceable. In an association context, this often applies to vendor contracts, management agreements, or leases involving common areas.
Why is the statute of frauds important?
It helps avoid legal disputes by ensuring key agreements are properly documented. Written agreements protect both the board and third parties by reducing ambiguity and creating a clear record of obligations and expectations.
How can you use “statute of frauds” in a sentence?
Because the contract with the landscaping company was never put in writing, the attorney said it was unenforceable under the statute of frauds.