Bargain And Sale Definition

noun

A written contract to convey the legal title of, and raise a use in, real property in exchange for valuable consideration recited in the agreement without requiring the parties to enter the land and perform a livery of seisin. Unless it includes a covenant of seisin and right to convey, the agreement contains no guarantees as to the seller’s title to the property. See also deed.

Webster's New World Law

Bargain And Sale Sentence Examples

  • It made bargain and sale an easy means of secret or private conveyance, a policy to which the law was opposed.

  • To remedy this defect, a statute (called the Statute of Enrolments) was passed in the same year, which provided that every conveyance by bargain and sale of freehold lands should be enrolled in a court of record or with the custos rotulorum of the county within six months of its date.

  • The Statute of Enrolments applied only to estates of inheritance or for life, so that a bargain and sale of an estate for years might be made without enrolment.

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Words Starting With

BBABAR

Words Ending With

ELEALE

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bargain and sale

Words Starting With B and Ending With E

Starts With B & Ends With EStarts With BA & Ends With EStarts With B & Ends With LE

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