An oral lease for five years is considered to be?

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An oral lease for five years is considered unenforceable due to the Statute of Frauds, which generally requires leases that last longer than one year to be in writing to be enforceable in a court of law. The purpose of the Statute of Frauds is to prevent misunderstandings and fraud related to long-term agreements. Since an oral agreement lacks the written documentation, it does not meet the legal criteria necessary for enforceability and thus cannot be upheld in court in cases of dispute. This legal requirement ensures that both parties have a clear and mutual understanding of the terms involved in the lease agreement.

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