Texas  |  Real Estate Law

The form you are using is reciting facts of a real estate sale. The language is standard. The reason is to have a valid sales contract there must be "consideration" (i.e. the seller must get something out of the transfer). A standard way to fill out the form (in the blank just after "in consideration of....") is to use the following language "good and valuable consideration and ten (10) dollars".

Note that this answer does not examine whether this is the best option for you (it may be). Please note that a sale of property such as this may result in collateral consequences such as but not limited to: tax liability, decreased ownership interest in the event you and your husband become separated by divorce or death, the property may be exposed to your husband's creditors, or other issues depending on your and your husband's exact circumstances.

Good Luck!