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I “Consider” it Improper

March 23rd, 2011 Leave a comment Go to comments

A lawyer I know was reviewing a deed in which it was stated that the Grantor of the real property did so for “good and valuable considerations”.

He couldn’t help but wonder, did the buyer simply think about paying for the property without actually doing so?

My Bad!

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Nolo’s Plain English Law Dictionary provides a legal definition for the term “consideration”. Consideration in a real estate transaction typically consists of money, and it is not properly referred to in the plural as “considerations” no matter how much the purchase price.

“Considerations” generally means the careful deliberations that are the subject of the more common definition of the term.

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