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Re:The new $1 consideration (1 viewing) (1) Guest

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TOPIC: Re:The new $1 consideration

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#2012

Micky B (User)

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Posts: 21

The new $1 consideration 2 Months, 3 Weeks ago	Karma: 0
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? Enter code here Please note, although no boardcode and smiley buttons are shown, they are still useable

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#2035

Kash (User)

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Posts: 29

Re:The new $1 consideration 2 Months, 2 Weeks ago	Karma: 1
actually, that would be rather helpful. anyone? does that affect the number you write on your pta? Enter code here Please note, although no boardcode and smiley buttons are shown, they are still useable

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#2036

OnTheGo (User)

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Posts: 20

Re:The new $1 consideration 2 Months, 2 Weeks ago	Karma: 0
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. Enter code here Please note, although no boardcode and smiley buttons are shown, they are still useable

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