Contracts
Consideration in a real estate contract can be:
AOnly cash payments
BA promise to do something or refrain from doing something of value✓ Correct
COnly a down payment on the property
DOnly the purchase price stated in the contract
Explanation
Consideration is anything of legal value exchanged between parties. It can be money, a promise to pay, a promise to do something, or a promise to refrain from doing something.
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