Contract Law: Contract Modification & The Preexisting Duty Rule [LEAP Preview]
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Contract Law: Contract Modification & The Preexisting Duty Rule [LEAP Preview]
Learn more: studicata.com
How much does the additional or new consideration have to be? Will $1 suffice?
For the consideration to be sufficient, the tenant would need some kind of additional duty to perform. It could be additional payment (though that would be odd), or it could be a service like repainting the house