Which statute was enacted to protect against fraud in real property sales?

The Statute of Frauds is a crucial legal framework designed to prevent fraud in real property transactions. It requires certain contracts related to real estate, such as those for the sale of land, to be in writing and signed by the parties involved in order to be enforceable. This requirement helps ensure that all terms are explicitly outlined and agreed upon, reducing the possibility of misunderstandings and fraudulent claims regarding verbal agreements. By mandating written evidence of such agreements, the Statute of Frauds aims to provide clarity and security in real estate transactions, thus protecting both buyers and sellers from potential fraudulent behavior.

The other options do not serve this particular function. The statute of limitations, for instance, pertains to the time frame in which legal action can be initiated. The Land Fraud Act addresses specific fraudulent schemes but is not the overarching statute that requires written agreements. The Property Rights Act deals more broadly with ownership and rights related to property but also does not focus specifically on fraud prevention in sales. Therefore, the Statute of Frauds stands out as the primary legal safeguard against fraud in real property sales.