bargain and sale

English

Noun

bargain and sale

  1. (law) A form of conveyance by which the bargainor contracts to convey the lands to the bargainee and becomes by such contract a trustee for and seized to the use of the bargainee. The statute then completes the purchase, i.e. the bargain vests the use, and the statute vests the possession.
    (Can we find and add a quotation of Blackstone to this entry?)
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