This article argues that deeds do not import consideration into those property transactions which are contractual rather than dispositive. For example, options, changes and purported assignments of future property depend for their efficacy upon equitable principles. Deeds, in equity, do not supply consideration, but operate as dispositive rather than as contractual instruments, a distinction which is often overlooked in analysis. This article argues that deeds do not import consideration into

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... ose property transactions which are contractual rather than dispositive. For example, options, changes and purported assignments of future property depend for their efficacy upon equitable principles. Deeds, in equity, do not supply consideration, but operate as dispositive rather than as contractual instruments, a distinction which is often overlooked in analysis.