The Law Office of Tonya N. Gibbs, PLC
705 Westwood Office Park
Fredericksburg, VA 22401

What is consideration?

What is Consideration?



What is consideration? | TNG Legal | Attorney Tonya N. Gibbs | | (540) 632-1864 |

Video Transcript

Consideration is a payment or benefit that is being exchanged under a contract. For an example, in a real estate contract the individual that is making a payment for the real estate, that is their consideration. The individual that is actually selling the property, the property is their consideration.



Side Contact Form

Follow us on:

Facebook LinkedIn Twitter Google