Valuable Considerations
Definition of "Valuable considerations"
Value is exchanged by the parties to an agreement involving current or future performance making it legally enforceable. Without reasonable consideration for performance, the contract may not be valid.
Popular Real Estate Terms
The term “a priori” can be pretty puzzling in real estate. Originating from Latin, “a priori” translates to "from the earlier" or "from the former." This concept, ...
A roof having two slopes on each side. The second slope is longer than the first part of the roof and extremely steep. ...
Neighborhood square somewhat resembling a park. It is often owned by town or row house owners situated near the square. ...
Connected group of wires, woods, or other materials surrounding real property to either protect it or act as a barrier against others. ...
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New cost less accumulated depreciation to date. ...
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