A Deed Must Include a Recital of Consideration

question 6

True/False

A deed must include a recital of consideration.

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Definitions:

Lien

A legal right or claim against a property, typically used as security for a debt or obligation.

Construction Company

A business entity engaged in the construction of buildings, infrastructure, and other physical structures.

Mechanic's Lien

A legal claim against a property for unpaid construction work or supplies, giving the lienholder a right to a certain value if the property is sold.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.