Contracts
A lease agreement for more than one year must be in writing under Iowa's Statute of Frauds. This requirement exists because:
AOral leases are never enforceable
BWritten contracts prevent misunderstandings and provide a reliable record✓ Correct
CIowa law requires all contracts to be notarized
DLeases are considered the same as deeds
Explanation
The Statute of Frauds requires leases longer than one year to be in writing because the written form reduces disputes over terms, provides a clear record, and ensures both parties have agreed to the same conditions.
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