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Contracts To Sell An Interest In Real Property ⢠Transfers of real property or leases of real property (aka real estate) generally must be in writing. ⢠Exceptions to this are: â In most states oral leases of less than one year are enforceable. â If the seller has delivered the deed to the buyer. â If the buyer has done all of the following: ⢠Made partial or full payment. ⢠Occupied the land. ⢠Made substantial improvements to the land.