Property Management
Under Oklahoma law, a commercial lease must be in writing if the term is:
AAny length — all commercial leases must be written
BMore than 1 year to be enforceable under the Statute of Frauds✓ Correct
CMore than 3 years
DMore than 5 years
Explanation
Oklahoma's Statute of Frauds requires leases for more than one year to be in writing to be enforceable. This applies to both residential and commercial leases.
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