A statement of consideration is a document required to be filed in some areas when real estate is sold, affirming the amount paid for the property, usually for tax purposes. Information such as the date of sale, purchase price, terms of sale, etc. are typically required. It may also be required to be included in the deed. Certain transfers may be excepted, such as deeds which only convey utility easements, deeds which transfer property through a court action pursuant to a divorce proceeding, deeds which convey cemetery lots, and deeds which correct errors in previous deeds. Rules vary by jurisdiction, so local law should be consulted.