Gratuitous Deeds - Law Dictionary Search Results
Gratuitous Deeds
Matched in: Term Gratuitous Deeds
contract
of a commodity on a specified future date at a set price : future called also future contract gratuitous contract in the civil law of Louisiana : a contract in which one party promises to do something … perform are equal to each other in value constructive contract : quasi contract in this entry contract for deed : land installment contract in this entry contract implied in fact : implied contract in this entry contract
Gift
without pecuniary consideration. A voluntary conveyance of land, or transfer of goods, from one person to another, made gratuitously, and to upon any consideration of blood or money. A similar definition has been given in WEBSTER'S THIRD … Gift. The old text-writers made a gift (donatio) a distinct species of deed, and describe it as a conveyance applicable to the creation of an estate-tail; while a feoffment they strictly
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Consideration
a simple contract and may be insufficient for the validity of other transactions maybe found:' (a) In so-called gratuitous or voluntary promises which are void for want of a reciprocal return however obligatory they may be in … Beckwith's Case, (1589) 2 Co Rep 56b and 58b] in favour of the grantor, see also Norton on Deeds, ch. Resulting Trusts. This implication has been removed, in regard to deeds executed after 1925 by the Law
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