description. In this case, the description was reasonably definite not only because it set forth the address and parcel number of the property to be leased, but it also provided that the lease applied to all the land and buildings on that property. As such, the description left no room for reasonable dispute as to the property that was subject to the lease. MPI Wright LLC v. Goodin Co., 2025 WI App 18, 415 Wis. 2d 590, 19 N.W.3d 582, 23-1982.
704.03 AnnotationThe phrase “amount of rent” under sub. (1) means the total number of dollars to be paid in a period for the possession and use of the property. In this case, the lease did not satisfy the amount of rent requirement under sub. (1) when the lease failed on its face to state the amount of base rent owed, it failed on its face to provide all of the information necessary to calculate the base rent, and it failed to provide a foundation, link, or key to extrinsic documents that could supply the square footage necessary to calculate the amount of rent owed as base rent. MPI Wright LLC v. Goodin Co., 2025 WI App 18, 415 Wis. 2d 590, 19 N.W.3d 582, 23-1982.
704.03 AnnotationBefore parol evidence can be used in the context of the statute of frauds, the description in the conveyance must furnish some foundation, link, or key to the extrinsic testimony that identifies the property. The foundation, link, or key rule applies to the statute of frauds requirements for all land transactions, including leases exceeding a one-year term. MPI Wright LLC v. Goodin Co., 2025 WI App 18, 415 Wis. 2d 590, 19 N.W.3d 582, 23-1982.