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Real Estate and Property Law (1 viewing) (1) Guest
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Topic History of: The new $1 consideration
Max. showing the last posts - (Last post first)
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OnTheGo Most states have made a signature sufficient consideration. We still, including my self, use some form of valuable consideration, but it mostly out of tradition. A signature is statutorily deemed sufficient consideration to bind a contract now.
Kash actually, that would be rather helpful. anyone? does that affect the number you write on your pta?
Micky B It use to be sufficient to use $1.00 as good and valid consideration for the conveyance of property. I heard that the law had changed. Does anyone know what the new "$1.00" is now?
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