Exam term
Consideration · Real Estate
A bargained-for exchange of legal value, such as a seller's promise to convey for a buyer's promise to pay. Immediate cash and equal value are not required.
Lessons that use this term
- Elements of a valid contract and contractual capacity California
- Essentials of a valid contract Florida
- Florida documentary stamp taxes and the intangible tax on mortgages Florida
- Deeds: purpose, essential elements, and legal descriptions New York
- Contracts: types, the essentials of a valid contract, and the statute of frauds New York
- Essential elements of a valid contract Texas
- Contract status: executed and executory, valid, void, voidable, and unenforceable Texas
- Earnest money, equitable title, and contingencies Texas
- Option contracts and installment sales contracts Texas