published by admin on Thu, 08/11/2011 - 20:55

In view of the provisions of Section 2 of the Prevention of Frauds Ordinance (Chapter 84 of the Legislative Enactments of Sri Lanka – Revised in 1980) following classes of contracts are of no force or avail in law unless in writing and signed in Sri Lanka in the presence of a licensed notary public and two or more witnesses and duly attested.

(a)   Any sale,purchase,transfer,assignment or mortgage of land or other immovable property;

(b)   Any promise bargain contract or agreement for affecting any such object and for establishing any security interest or encumbrance affecting the land or other immovable property;

(c)   Any contract or agreement for the future sale or purchase of land or other immovable property.