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For no consideration means a contribution of an asset to a trust was made without getting any payment for that contribution.
Without Consideration means, with respect to a transfer of an Option, that the transfer is being made purely as a gift or donation, with no promise or receipt of payment, goods, services or other thing of value in exchange for the Option; provided, however, if the terms of a transfer of Options to an otherwise
It means that person doesnt feel heard if they tell you a problem, or that you dont notice their reactions at all when youve hurt them. They feel theyve given you adequate clues as to how they feel, but you dont change your behavior or seem to care.
It actually means that the property is being transferred via deed without money exchanging hands. However, not all no consideration deeds are exempt from transfer and recordation taxes.
Consideration is a promise, performance, or forbearance bargained by a promisor in exchange for their promise. Consideration is the main element of a contract. Without consideration by both parties, a contract cannot be enforceable.
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