"Consideration" is an essential part of any contract, meaning that something of value (normally money) has to change hands to make the contract a binding document.If I read your post correctly and no money has been received yet, then technically, you don't have a contract.I have a distant memory from my business law class (over 20 years ago!)

I always tell them that because someone has the capacity to memorize a fact and recite it on a test is NOT inelegance, it is a good memory. 

 $5000 per month x12 months x2 years is 120,000.Now Bobs memory is getting worse.

I also recall the memory jogger SMARTER: Specific: Goals must be detailed and clear.

If you sign up for a year which costs around 85 bucks if memory serves, you get your domain free.

Memorial Day sales haven’t been that great around here. 

Make sweet, sweet memories with your most favorite someone in a place that's been a historic part of the Great American Revolution of Love.

If memory serves, the last tenant dropped paperwork off early so it was in their name the first day of the lease.cc: @Dan Gheesling 

Ahhh @Jay Hinrichs - your comments above about the "good old days" (01-05) brought back a bunch of memories.

But have a lot of good memories from down there.Wish you the best in your real estate endeavors.