Seller Take Back - Law Dictionary Search Results
Home Dictionary Name: seller take backseller take back
seller take back an agreement where the owner of a property provides second mortgage financing. These are often combined with an assumed mortgage instead of a portion of the seller's equity. Source: U.S. Department of Housing and Urban Development ...
Reprieve
Reprieve [fr. reprendre, Fr., to take back], the suspension of the execution of a criminal's sentence.It may take place (1) ex mandato regis, at the mere pleasure of the Crown.Or (2) ex arbitrio judicis, either before or after judgment; as, where the judge is not satisfied with the verdict, or the indictment is insufficient, or any favourable circumstances appear in the criminal's character, in order to give time to apply to the Crown for either an absolute or conditional pardon.Or (3) ex necessitate legis; as where a woman is capitally convicted and pleads her pregnancy. See JURY FMATRONS.Or (4) if the criminal become non compos, 4 Steph. Com.Temporary postponement of execution of a criminal sentence, esp. a death sentence, Black's Law Dictionary, 7th Edn., p. 1305.Reprieve, is derived from reprendre, to keep back, and signifies the withdrawing of the sentence for an interval of time, and operates in delay of execution, A Practical Treatise on the Criminal Law 757, 2nd Edn., 1826.Mean...
relate back
relate back re·lat·ed back re·lat·ing back : to apply or take effect retroactively esp. based on relation back [the amendment relates back to the date of the original pleading "Federal Rules of Civil Procedure Rule 15(c)"] ...
Leise back
Leise back, means the sale of property on the understanding, or with the express option, that the seller may lease the property from the buyer immediately upon the sale. Also termed sale and leaseback, Black's Law Dictionary, 7th Edn., p. 900....
reprisal
reprisal [Anglo-French reprisaile reprisaille, from Middle French, from Old Italian ripresaglia, from ripreso, past participle of riprendere to take back, from ri- back + prendere to take, from Latin prehendere] 1 a : the act or practice in international law of resorting to force short of war in retaliation for damage or loss suffered b : an instance of such action 2 : a retaliatory act [may not fire a complaining employee in ] ...
revoke
revoke re·voked re·vok·ing : to annul by recalling or taking back: as a : to destroy the effectiveness of (a will) by executing another or by an act of destruction (as tearing or crossing out) b : to put an end to (a trust) c : to withdraw (an offer) esp. before acceptance d : to withdraw (acceptance of goods) by refusing to keep goods because of nonconformity see also rejection e : to take back (as a license or a grant of parole or probation) esp. because of misconduct re·vok·er n ...
Seller
Seller, in a contract for sale of goods, the word 'seller' must obviously refer to the party selling under the contract unless there is anything in the context suggesting otherwise. There is nothing in the clause requiring one to read the word 'sellers' to mean the original sellers and not the sellers under the contract, Juggilal Kamlapat v. Pratapmal Rameshwar, AIR 1978 SC 389 (396): (1978) 1 SCC 69: (1978) 2 SCR 219.Means a person who sells or agrees to sell goods. [Sale of Goods Act, 1930 (3 of 1930), s. 2(13)]1. A seller who sells or contracts to sell goods; a vendor 2. Generally a person who sells anything; the transferor of properly in a contract of sale, Black's Law Dictionary, 7th Edn., p. 1365....
Unpaid seller
Unpaid seller, (1) the seller of goods is deemed to be an 'unpaid' seller with the meaning of this Act:(a) when the whole of the price has not been paid or delivered;(b) when a bill of exchange or other negotiable ins-trument has been received as conditional payment, and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise.(2) In this Chapter, the term 'seller' includes any person who is in the position of a seller, as, for instance, an agent of the seller to whom the bill of finding has been endorsed, or a consignor or agent who has himself paid, is or directly responsible for, the price. [Sale of Goods Act, 1930 (30 of 1930), s. 45]...
reprieve
reprieve re·prieved re·priev·ing [alteration of earlier repry to send back (to prison), return to custody, perhaps from Anglo-French repris, past participle of reprendre to take back, from Old French] : to delay the punishment of (as a condemned prisoner) n 1 a : the act of reprieving : the state of being reprieved b : a formal temporary suspension of the execution of a sentence esp. of death as an act of clemency 2 : an order or warrant of reprieve ...
rescind
rescind [Latin rescindere to cut loose, annul, from re- away, back + scindere to cut, split] vt 1 : to take back and make void [ed its suspension of his license] 2 : to abrogate (a contract or transaction) by mutual agreement, judicial decree, or unilateral declaration because of fraud, mistake, duress, misrepresentation, illegality, a breach, or another sufficient ground with both parties restored to their positions before the contract was made [denied that the other party had the right to the contract] compare cancel, terminate 3 : to make void by the same or by a superior authority [ a regulation] vi : to rescind something (as a contract) re·scind·able [-sin-də-bəl] adj ...
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