bargain and sale
n.
A contract commonly used in real estate to transfer title and use of property from buyer to seller; does not include warranties against liens or encumbrances.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


bargain and sale
n. 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 Dictionary. . 2000.

Look at other dictionaries:

  • Bargain and sale — Bargain Bar gain, n. [OE. bargayn, bargany, OF. bargaigne, bargagne, prob. from a supposed LL. barcaneum, fr. barca a boat which carries merchandise to the shore; hence, to traffic to and fro, to carry on commerce in general. See {Bark} a vessel …   The Collaborative International Dictionary of English

  • bargain and sale — In conveyancing, the transferring of the property of a thing from one to another, upon valuable consideration, by way of sale. A contract or bargain by the owner of land, in consideration of money or its equivalent paid, to sell land to another… …   Black's law dictionary

  • bargain and sale — noun law : a conveyance by which the vendor contracts for a consideration paid to convey the lands to the vendee and becomes by such contract a trustee for and seized to the use of the vendee see bargainee, bargainor * * * bargain and sale In law …   Useful english dictionary

  • bargain and sale — A deed in the form of a contract which became effective to transfer legal title by virtue of the Statute of Uses. 23 Am J2d Deeds § 13. A sale of personal property which vests title in the buyer, 46 Am J1st Sales § 2. A contract within the… …   Ballentine's law dictionary

  • bargain and sale deed — see deed Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Bargain and sale deed — A bargain and sale deed is in United States real property law, a deed conveying real property without covenants . [Black s Law Dictionary, p. 46 (2001 edition).] This is a deed for which the grantor implies to have or have had an interest in the… …   Wikipedia

  • bargain and sale deed — See bargain and sale …   Ballentine's law dictionary

  • bargain and sale deed — A deed that has a recitation of consideration coupled with words of conveyance of real property. It is a form of deed of conveyance without any covenants; a bare conveyance to grantee of whatever interest grantor has at time of the conveyance.… …   Black's law dictionary

  • deed of bargain and sale — See deed of purchase …   Ballentine's law dictionary

  • bargain — bar·gain 1 n often attrib [Old French bargaigne negotiation, haggling, from bargaignier to haggle] 1: an agreement between parties that settles what each gives or receives (as a promise or performance) in a transaction between them compare… …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.