as one peice of evidence.
That is standard practice.
Deeds often state "$10 and other valuable consideration" to satisfy legal requirements for a valid transfer while keeping the actual purchase price private. As public documents, deeds use this nominal amount to hide the true, higher price from public record, representing that "something of value" (the real price) was exchanged without disclosing it.
Privacy & Confidentiality: Recording the actual sale price allows the public, including neighbors, to know the exact transaction value; "$10" is used as a placeholder to avoid this.
Legal Consideration: For a deed to be legally effective, there must be an exchange of value (consideration). Listing a nominal amount like $10 or $1 fulfills this requirement even if the property is gifted or sold for a much higher price.
Common Practice: It is standard legal jargon, often referred to as "nominal consideration," to use $10 or $1 as a convention rather than a reflection of the actual price paid.
Not the Real Price: The actual sales price is recorded on separate, private documents, such as tax forms or closing statements, rather than the public deed.
In summary, the $10 is a legal placeholder that protects the buyer and seller's financial privacy.
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