Contracts
In Pennsylvania, 'consideration' in a real estate contract can consist of:
AOnly cash payments
BMoney, property, services, forbearance, or any other benefit conferred or promised✓ Correct
COnly the purchase price stated in the contract
DOnly items with verifiable monetary value
Explanation
Consideration in a Pennsylvania contract can be any benefit to the promisor or detriment to the promisee — money, property, services, a promise to act or refrain from acting, or any mutual exchange of value. Even nominal consideration (e.g., $1) satisfies the legal requirement.
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