Explore the legal terms and concepts related to Defenses to Enforcement and Formation. Click on any term below to learn more about its definition and applications.
What is a suretyship contract?
A suretyship agreement is a promise to pay another's debt if they fail to do so (i.e., a guarantee)....
What constitutes a valid transfer of interest in real estate?
Generally, valid transfers of real estate must be in writing. Examples include: (1) leases for more...
What are the requirements for performance to satisfy the Statute of Frauds in a transfer of real estate?
Where the seller actually conveys to the purchaser, the seller can enforce the purchaser's promise t...
What is the effect of non-disclosure on the formation of a contract?
Generally, there is no duty to disclose information to another party. However, where nondisclosure i...