Word of the Week:


 

Love and Affection:

The consideration often listed on a deed when real estate

is conveyed between family members with no money exchanged.

  The law recognizes love and affection as good consideration

 (as distinguished from valuable consideration, which is money,

 goods, or services.)

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: