241

(a) Except for a lease for a term not exceeding one year, no estate or interest in real property, and no trust or power over or concerning real property, or in any manner relating thereto, can be created, granted, assigned, transferred, surrendered, or declared, otherwise than—\n(1) by operation of law; or\n(2) by a deed of conveyance or other instrument in writing, signed by the person creating, granting, assigning, transferring, surrendering, or declaring the same, or by his lawful agent under written authority, and executed with such formalities as are required by law.\n(b) This section does not—\n(1) affect the power of a testator in the disposition of his real property by will; or\n(2) prevent a trust from arising or being extinguished by implication or operation of law.