Bargain - Law Dictionary Search Results

Innocent conveyances

Innocent conveyances, a covenant to stand seized; a bargain and sale; and release; so called because, since they convey the actual possession by construction of law only,

if it were an individual.' The freehold in joint-tenants was so entire that they could not grant, nor bargain and sell, nor surrender or devise to each other, much less exchange with or enfeoff one another; the

Locus p'nitenti'

Locus p'nitenti' (a place or chance of repentance), a power of drawing back from a bargain before any act has been done to confirm it in law, Bell's Scots Law Dict

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Mancipatio

natural father being in the first instance the vendor. The vendee was called pater fiduciarius. After this fictitious bargain, the pater fiduciarius sold him again to his natural father, who could then, but not till then, manumit

Operative words

Operative words. The words in the formal part of an instrument which carryout or effect the contention of the parties, e.g., 'grant' or 'bargain and sell' in a conveyance. See DEED.

Pact, or Pactio

Pact, or Pactio [fr. pacte, Fr.; pactum, Lat.], a contract, bargain, covenant.

Power

extends to make leases in possession only, and not in reversion. Powers appendant may be destroyed by release, bargain and sale, or feoffment; powers in gross, by feoffment or release; but powers simply collateral could not formerly

Tail

L.P. Act, 1925, s. 167] These modes of assurance of a fee-simple were feoffment (at the Common Law), bargain and sale, covenant to stand seised, a release (under the Statute of Uses), or grant, which is the

Purchase

conqu'stus, Lat., according to the feudists], in its popular sense, an acquisition of land, obtained by way of bargain and sale, for money or some other valuable consideration; in its legal acceptation, an acquisition of land in

Salary or wages

are some of them: (1) The existence of goods, which form the subject-mater of this sale; (2) The bargain or contract which, when executed, will result in the passing of the property in the goods for a

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