What is the enforceability status of an oral agreement for the sale of real property?

The enforceability status of an oral agreement for the sale of real property is typically classified as unenforceable. This stems from the Statute of Frauds, a legal doctrine that requires certain contracts to be in writing to be legally binding. The sale of real estate is one such category that necessitates a written contract to protect both parties and provide a clear record of the transaction. This requirement aims to prevent misunderstandings and fraud, ensuring that important terms are documented and accessible.

Oral agreements, while they may reflect the intentions and negotiations between the parties involved, do not meet the legal requirements established by the Statute of Frauds for real property transactions. Consequently, if a dispute arises regarding such an agreement, it would be challenging to enforce the terms in a court of law. The need for written documentation in real estate sales is critical to provide legal protection, making oral agreements in this context unenforceable.