While an option contract does not convey any interest or estate in the land until after an election to purchase in accordance with the terms and conditions of the option contract, nevertheless, such a contract comes within the operation of the statute of frauds. A description of the premises and the terms must be sufficiently complete to meet all the statutory requirements.16

For a full discussion of the Michigan decisions relating to the statute of frauds see Chapter II (Statute Of Frauds Sufficiency Of The Preliminary Agreement. Oral Contracts Partly Performed. Miscellaneous) ante; and those decisions relating directly to options, see sections 260, 261 and 262, Post.

9. Friendly v. Elwert, 57 Ore. 599, 112 Pac. 1085, Annotated Cases, 1913 A 257.

10. Ide v. Leiser, 10 Mont. 5, 24 Am. St. Reps. 17, 24 Pac. 695.

11. Weaver v. Burr, 31 W. Va. 736, 8 S. E. 743, 3 L. R. A. 94; Thomason v. Bescher, 176 N. Car. 622. 97 S. E. 654; 2 Am. Law Reps. 626.

12. Hobbs v. Brush Co., 75 Mich.

550.

13. Ross v. Parks, 93 Ala. 153, 8 Southern Reps. 368, 30 Am. St. Reps. 11 L. R. A. 148.

14. George v. Schuman, 202 Mich. 241, 168 N. W. 486.

15. Graybill v. Brugh, 89 Va. 895, 17 S. E. 558, 37 Am. St. Rep. S94, 21 L. R. A. 133.

16. Hilberg v. Greer, 172 Mich. 505, 138 N. W. 201; Esslinger v. Pascoe, 129 Iowa 86, 105 N. W. 362, 3 L. R. A. New Series 147; See C. L. of Mich., 1915, Sec. 11977.