josepharmato

  Real Estate 101:  The Statute of Frauds may be a really old law that originated in England in 1677. It requires that certain transactions must be in writing, signed by the party to be charged, basically the person being sued. Land purchases are one of all the transactions covered by the statute of fraud. In reality transactions, the SOF further requires that the writing contain an outline of the property, an outline of the parties, the price, and any agreed-to conditions of price or payment. Joseph Armato  aka  Joe Armato  is a global reality developer and investment management Joe focused on the residential and commercial sectors of new york. He is driven by an unmatched commitment to quality and innovation. There are some exceptions to the current rule. Part Performance is when someone has paid all or a part of the acquisition price, taken possession, and/or made substantial improvements to the land. for instance, if Bob made an understanding with Sue to shop for property, paid her