love and affection

love and affection

The usual recited consideration when there has been a gift of real estate to a family member or other loved one. Love and affection is good consideration under applicable statutes,but it is not valuable consideration.Important concepts include the following:

• Atransfer of land to a child for love and affection during the parent's lifetime will often be deemed an advancement under the parent's will and can reduce the amount the child will inherit under the will.

• Love and affection will support a deed and make it valid, but it is not sufficient considera- tion so as to make a contract enforceable. In other words, a contract to transfer real estate upon love and affection is not enforceable; a deed with recited consideration of love and affection cannot be set aside.

• One who takes property for a consideration of love and affection cannot be a bona fide purchaser for value, because the consideration is only good, it is not valuable.

References in periodicals archive ?
In an interview with BOPA, a vendor at Kanye Shoppers Mall, Ms Khumo Akanyang said Valentine's Day is observed every year for people to express love and affection for each other.
LAHORE -- Punjab Chief Minister Mohammad Shehbaz Sharif has said that International Fathers Day reminds about love and affection of the father.
He added that touching the heights of respect lies in love and affection to the mother.
LOVE AND AFFECTION - MORE MOTOWN GIRLS (ACE) Here on Love And Affection - More Motown Girls are 25 tracks that have never appeared on CD before and the average that these recordings have been awaiting release is getting on for an astonishing 50 years.
JEDDAH: The absence of emotional conversations stemming from feelings of love and affection between family members in many Saudi families makes life and living seem dark and dull.
A little hug can go a long way, Your love and affection by it to say, The welcome feel of a human touch, Such a small thing but can mean so much.
A puppy represents the possibility of finding this love and affection with someone you have recently become friends with.
Blum details how Harlow's studies revealed the consequences of abusive relationships and how love and affection can be directly linked to elevated intelligence.
IF you've never received love and affection, you must be genuinely puzzled by your son's attitude.
It is a continuous behavior by the abuser that reduces a child's self-concept to the point were the child feels unworthy of respect, friendship, love and affection.
For both, romance was a powerful vehicle of political allegory, serving not only to transmute the language of interest into one of love and affection but also to justify contemporary domestic and foreign affairs.