The benefit, interest or value that induces a promise, and the glue that binds a contract, is known as Consideration
The buyer will offer an earnest money deposit (this is the buyer's consideration). The seller will agree to sell the home to the buyer (seller's consideration). ... Consideration is held by a third party (usually) escrow or an attorney. Earnest Money Deposit is due at contract signing.
No. | Subject | Date | Views |
---|---|---|---|
Notice | 부동산 용어사전 | 2019.04.15 | 2084 |
Notice | 부동산 용어 (A to Z) | 2019.03.03 | 1336 |
321 | Law 2 | 2019.05.03 | 209 |
320 | Valuable consideration | 2019.05.22 | 208 |
319 | Real Estate Practice - 39 (Understanding-Answers) | 2019.04.29 | 207 |
318 | $323,000 Anaheim, CA | 2016.11.29 | 207 |
317 | TEST 10 | 2019.03.05 | 206 |
316 | Redding-2 | 2017.04.02 | 204 |
315 | Townhouse/Villa- 364,888 | 2017.02.08 | 203 |
» | Consideration | 2019.07.07 | 202 |
313 | Associate Licensees | 2019.05.27 | 202 |
312 | $375,000- 1975 W Clipper Lane #59 Anaheim, CA 92801 | 2017.01.23 | 202 |
311 | Chapter 13 Conclusion | 2019.04.27 | 200 |
310 | Chapter Conclusion Chapter 16 | 2019.04.29 | 199 |
309 | Chapter 13 Quiz | 2019.04.27 | 199 |
308 | 14-bed RCFE Facility for Sale Los Angeles County, CA | 2022.09.01 | 197 |
307 | PRIVATE REMARKS | 2021.12.27 | 195 |
306 | quiet title | 2019.05.22 | 188 |
305 | Anaheim, CA 92804 new | 2017.06.19 | 187 |
304 | Real Estate Law 3 | 2019.05.04 | 186 |
303 | Garden Grove, CA 92840-$339,000 | 2017.03.17 | 186 |
302 | Chapter 3 TEST (2nd) | 2019.03.02 | 185 |
301 | Prohibited Acts | 2023.07.06 | 181 |
300 | Real Estate Law 104 | 2019.05.17 | 181 |
299 | Chapter 1 Quiz | 2019.04.11 | 181 |
298 | route | 2021.09.01 | 180 |
297 | Passive fraud | 2019.05.31 | 180 |
296 | discriminate | 2019.05.22 | 179 |
295 | Chapter 18 Conclusion | 2019.03.23 | 179 |
294 | (new) Anaheim, CA 92804 | 2017.06.20 | 179 |
293 | Chapter 7 Quiz | 2019.04.14 | 177 |
292 | 3 | 2017.07.19 | 174 |