Tag: real estate transfer forms

  • Elements of a Deed: What Is Consideration?

    Elements of a Deed: What Is Consideration?

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    Deeds.com
    in

    Consideration is the legal term used to describe the money or other thing of value exchanged for the title to a home in a real estate sale. A legally valid contract must have mutual consideration. That is, something that has value must be exchanged by each party. The things exchanged can be a promise of…