3.   Writing Requirements, Leases. A transaction intended to create a lease of real estate for more than three years shall not be enforceable unless:

   a.    the leased premises, the term of the lease and the identity of the lessor and the lessee are established in a writing signed by or on behalf of the party against whom enforcement is sought; or

   b.    the real estate, the term of the lease and the identity of the lessor and the lessee are proved by clear and convincing evidence.
Source: R.S.25:1-1, 25:1-5(d).

   L.1995,c.360,s.3.