Contracts
Which of the following statements about a lease agreement is TRUE?
AOral leases of more than one year are enforceable in Arkansas
BLeases for more than one year must be in writing under the Statute of Frauds✓ Correct
CAll residential leases must be recorded to be enforceable
DA lease may only be terminated by the landlord
Explanation
The Statute of Frauds requires leases for more than one year to be in writing and signed by the party to be charged. Oral leases for one year or less may be enforceable, but written leases are strongly advisable for all terms.
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