Consideration is just a simple way of saying “what each side gives in a deal.” In real estate, it’s usually the money paid for the home, but it can also be services, goods, or a promise to do (or not do) something.
As long as both sides agree on it and it’s written into the contract, the deal can be legally binding. It doesn’t have to match the exact value of the property, it just has to be something both parties see as valuable.
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