Contracts
In Michigan, the equitable doctrine of 'part performance' may allow enforcement of an unwritten real estate contract when the buyer has:
AOnly made an initial deposit
BTaken possession and made improvements to the property in reliance on the oral agreement✓ Correct
CObtained mortgage financing
DOnly paid the purchase price without taking possession
Explanation
Part performance (taking possession + improvements + payment) may allow a court to enforce an oral real estate contract despite the Statute of Frauds, as it would be unjust to allow the oral agreement to be repudiated after the buyer has relied on it.
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