CHASE - Eng. Law. The liberty of keeping beasts of chase on another man's ground as well as on one's own ground, protected even from the owner of the land, with a power of hunting them thereon.
Words of Purchase definition:
Words which specifically name the person to whom land is being conveyed.
The real property is conveyed specifically and by name in a legal act such as a conveyance.
Terms and Conditions of Purchase
These, generally pre-printed, terms and conditions of purchase are provided by one trading company to another as the terms upon which they will do business (e.g. sell, supply or purchase goods or services).
CHASE, property. The act of acquiring possession of animals ferae naturae by force, cunning or address. The hunter acquires a right to such animals by occupancy, and they become his property. 4 Toull. n. 7.
Purchase agreement or purchase offer - Also, sales agreement and earnest money contract. Agreement between buyer and seller of property which sets forth in general the price and terms of a proposed sale.
Putative - Alleged; supposed; reputed.
Purchase Money Security Interest (PMSI - pronounced "pimzee"):
A security that a person takes in property, such as inventory for example, that secures payment with regard to those assets of all or part of its purchase price.
Purchase Money Mortgage
A Mortgage given by the buyer to the seller as part of the purchase consideration, as opposed to a hard money mortgage.
Purchase and Assumption Method (P&A), in which all deposits (liabilities) are assumed by an open bank, which also purchases some or all of the failed bank's loans (assets).
purchase offer A detailed, written document that makes an offer to purchase a property, and that may be amended several times in the process of negotiations. When signed by all parties involved in the sale, the ...
Purchase Agreement Or Purchase Offer
Putative
The Legal Dictionary has taken steps to ensure that all legal, law, and court terms contained in our legal dictionary are correct.
Repurchase
Definition - Transitive Verb
: to buy back <~ shares of stock>
Pronunciation"rE-'p&r-ch&s ...
Lease Purchase Agreement
An agreement between a tenant and landlord that a portion of monthly rent may be credited toward eventual purchase of the rental property.
Lease Renewal Option ...
A bid to purchase a corporation's shares at a set price.
Legal-Explanations.com Home ...
Words of purchase
Words which specifically name the person to whom land is being conveyed. The property is conveyed to someone specifically and by name in a legal act such as a conveyance or will.
616: "Accord and satisfaction is the purchase of a release from an obligation arising under contract or tort by means of any valuable consideration, not being the actual performance of the obligation itself.
This is a common way to structure a large real estate purchase. Matrimony The legal state of being married. Ecclesiastics talk of the "holy" state of matrimony.
Marriage by capture and by purchase are signs of exogamy, connected with the custom in many tribes of killing female offspring.
joint tenancy - An estate in fee-simple, fee-tail, for life, for years, or at will, arising by purchase or grant to two or more persons.
a right to purchase property or require another to perform upon agreed-upon terms. An option is paid for as part of a contract, but must be "exercised" in order for the property to be purchased or the performance of the other party to be required.
Title can be lost or acquired only by the methods established by law, that is, by inheritance or by purchase. Several persons may have different titles to the same property.
Private enforcement of copyright having proven essentially ineffective, copyright holders have attempted to use the legal system to apply pressure on such users to purchase rather than copy their products.
Caveat emptor still applies even if the purchase is "as is" or when a defect is obvious upon reasonable inspection before purchase.
After reaching the age of majority, a person is permitted to vote, make a valid will, enter into binding contracts, enlist in the armed forces and purchase alcohol.
Hire purchase
Basically a contract for the hire of goods with an option for the debtor to purchase them at the end of the agreement. Generally, the debtor only gets to own the goods on payment of the final instalment.
Source Reduction: The design, manufacture, purchase, or use of materials (such as products and packaging) to reduce the amount or toxicity of garbage generated.
the right to purchase stock in the future at a price set at the time the option is granted (by sale or as compensation by the corporation).
(2) To guarantee purchase of all shares of stock or bonds being issued by a corporation, including an agreement to purchase by the underwriter if the public does not buy all the shares or bonds.
Subscriber: A person who contracts to purchase the shares of a corporation.
Subscription Agreement: A contract to purchase the shares of a corporation.
Subsidiary: A corporation that is owned outright or controlled by a parent corporation.
tender offer - A public offer to purchase stocks usually in an attempt to gain a controlling interest in a corporation. The number of shares and purchase dates are usually fixed, and the price of the stocks may be over market price.
If a felony has just occurred and an officer has chased a suspect to a private house, the officer can forcefully enter the house in order to prevent the suspect from escaping or hiding or destroying evidence.
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Heir apparent ...
The mortgage loan to purchase the home is considered the first mortgage and is typically secured with a financial down payment or proceeds from the sale of a former home.
Margin: The actual amount of money one must pay toward the purchase of a stock when buying on margin.
Park. In English law, an inclosed chase, extending over a man's own grounds; literally, an inclosure. 2 Bl. Com. 38; 40 N.J.L. 612.
Parochial. See Parish, 1.
Pars. Latin. A part; a party.
A right given to a person to be the first person allowed to purchase a certain object if it is ever offered for sale. The owner of this right is the first to be offered the designated object if it is ever to be offered for sale.
Real Estate Option to Purchase
Resisting Arrest
Real Estate Reservation Life Estate Deeds ...
Accepting a higher offer on a property after having agreed on a purchase price with another buyer.
general damages
Damages (q.v.) paid for out-of-pocket expenses, e.g. medical costs, lost wages.
JEUX DE BOURSE
French law. This is a kind of gambling or speculation, which consists of sales and purchase s, which bind neither of the parties to deliver... more
JEWS.
See De Judaismo Statutum.... more ...
Health Insurance Order: A court order that instructs the non - custodial parent to purchase health and dental insurance for the children and to add them to the policy.
For many new adults, this may mean access to places serving alcohol and the right to purchase and consume alcohol, smoke cigarettes and drive a car.
Notice of Lis Pendens - A notice filed on public records to warn all persons that the title to certain property is in litigation, and that if they purchase or lease that property they are in danger of being bound by an adverse judgment.
The requirement that certain types of contracts be in writing to be enforceable. Examples of such contracts include; contracts for the purchase or sale of land and agreements which by their terms cannot be performed within one year.
A real estate Power of Attorney grants legal authority to another party or agent to make financial decisions regarding the principal's real property, including purchase and sale.. . .
LEMON LAWS: Laws that require manufacturers to repair defective cars. If the repairs are not made within a reasonable amount of time and number of attempts, the manufacturer is required to refund the purchase price, ...
Marketable Title: A title not subject to reasonable doubt or suspicion of invalidity in the mind of a reasonable and intelligent person: one which a prudent person guided by competent legal advice would be willing to accept and purchase at market ...
If a testator leaves property "to X and his heirs", the words "and his heirs" are words of limitation because they indicate that X gets the land in fee simple and his heirs get no interest.
Words of purchase: Words in a conveyance or will which ...
 See also: Law, Person, State, Will, Right
  
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