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in general oral agreements are enforceable while oral contra usually advisable due to difficulties improving their existence they are binding if they can be proven however the statute of frauds originally enacted in England in 1677 and now enacted in all 50 states those specifics do vary provide exceptions to this rule were applicable the statute of frauds requires certain types of contracts to be in writing to be enforceable the reason for the statute of frauds is that some contracts are considered so important and or so vulnerable to fraud that the law considers its safest to insure that there are writings to memorialize and improve their existence while each state has codified its own version of the statute of frauds to cover various types of contracts every state requires the following five contracts to be signed and in writing one contracts for the sale of real property two contracts in consideration of marriage three contracts that cannot be performed within one year four contra
