Purchase - Law Dictionary Search Results
Constructive notice
if he omits to make the usual and proper inquiry into the title of property which he has purchased; (b) if he omits to investigate some fact which has been brought to his notice suggesting the existence
Title
a period of thirty years, unless an earlier title than forty years was required under the Vendor and Purchaser Act, 1874, or the Conveyancing Acts, 1881 and 1882, as in the case of leaseholds, advowsons, titles, etc.
Inheritance
person last seized, the inheritance shall descend to his collateral relations being of the blood of the first purchaser subject to the three preceding rules. (6) That the collateral heir of the person last seized must be
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Turnover of sales
amounts, if any, refunded by the dealer in respect of any such goods returned or rejected by the purchaser within three months from date of delivery of such goods. [West Bengal Value Added Tax Act, 2003, s.
Transfer
enjoyment of such immovable pro-perty, DLF Universal Ltd. v. Appropriate Authority, (2000) 5 SCC 552. Transfer, includes sale, purchase, mortgage, pledge, gift, loan or any other form of transfer of right, title, possession or lien. [Prevention of
Earnest money
Earnest money, The earnest money is a part of the purchase price when the transaction gets through and the same is forfeited when the transaction falls through by reason
goodwill
a : the value of projected increases in the earnings of a business esp. as part of its purchase price b : the excess of the purchase price of a business above the value assigned for tax
mortgage
secures a loan agreement which allows the mortgagor to borrow additional sums usually up to a specified limit purchase money mortgage : a mortgage that is given (as to a lender) to secure a loan for all
Dealer, auction
person can be said to be a 'dealer' it must be shown that he carries on business of purchase or sale or storage for sale of any of the commodities specified in the Schedule, and that the
Conditions of sale
babble of the auction room,' as Lord Eldon termed it, being inadmissible as evidence, and this although the purchaser by the written agreement bind himself to abide by the conditions and declarations made at the sale. If
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