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- Lawful acquisition of real estateIn legal terms, "purchase" refers to the lawful acquisition of real estate by any means other than inheritance12. It is used in contrast to the concept of "descent," which involves inheritance.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The word “purchase” is used in law in contradistinction to “descent,” and means any other mode of acquiring real property than by the common course of in- heritance.thelawdictionary.org/purchase/In its most enlarged and technical sense, purchase signifies the lawful acquisition of real estate by any means whatever, except descent. It is thus defined by Littleton, section 12.legal-dictionary.thefreedictionary.com/purchase
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Purchase legal definition of Purchase - TheFreeDictionary.com …
WEBDefinition of Purchase in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is Purchase? Meaning of Purchase as a legal term. What does Purchase mean in law?
See results only from legal-dictionary.thefreedictionary.comPurchase Order
Purchase Order: A document authorizing a seller to deliver goods, with payment to …
PURCHASE Definition & Meaning - Black's Law Dictionary
WEBThe word “purchase” is used in law in contradistinction to “descent,” and means any other mode of acquiring real property than by the common course of in- heritance. …
- Estimated Reading Time: 1 min
Purchase - FindLaw Dictionary of Legal Terms
WEBPurchase. purchase vb. pur·chasedpur·chas·ingvt1: to acquire (real property) by means other than descent or inheritance 2: to obtain by paying money or giving other …
- Estimated Reading Time: 3 mins
§ 1-201. General Definitions. | Uniform Commercial Code | US …
WEB(29) "Purchase" means taking by sale, lease, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift, or any other voluntary transaction creating …
purchase Definition, Meaning & Usage | Justia Legal Dictionary
WEBDefinitions of "purchase" The act of acquiring real property in ways other than through descent or inheritance. The process of getting something by giving money or …
Sales and Purchase Agreement (SPA): What It Is, …
WEBAug 2, 2023 · A sales and purchase agreement (SPA) is a binding legal contract that obligates a buyer to buy and a seller to sell a product or service. SPAs are often used in...
What are Purchase Agreements Used For? | LegalMatch
WEBDec 3, 2020 · A purchase agreement is a legally binding contract between a purchaser and a seller. It is a legal document that outlines the different terms and conditions that …
Definition of PURCHASE • Law Dictionary • TheLaw.com
WEBLaw Dictionary – Alternative Legal Definition. The word, “purchase” is used in law in contradistinction to “descent,” and means any other mode of acquiring real …
as is | Wex | US Law | LII / Legal Information Institute
WEB“As is” refers to a term used in sales contracts where the buyer agrees to buy a product in its current condition, without legal recourse should the buyer discover a defect …
Bona Fide Purchaser | Practical Law - Westlaw
WEBGlossary. Bona Fide Purchaser. Also known as BFP, bona fide purchaser for value, good-faith purchaser, innocent purchaser for value, purchaser in good faith. Innocent …
bona fide purchaser | Wex | US Law | LII / Legal Information Institute
WEBA bona fide purchaser is someone who exchanges value for property without any reason to suspect irregularities in the transaction. By definition, a bona fide …
PURCHASE Definition & Meaning | Dictionary.com
WEBnoun. acquisition by the payment of money or its equivalent; buying, or a single act of buying. something that is purchased or bought. something purchased, with respect to …
What is an Asset Purchase Agreement? A Comprehensive Guide
WEBAn asset purchase agreement (APA) is a contract commonly used in mergers & acquisitions. It helps define the terms of transferring an asset between parties. The APA …
Hire Purchase Agreements: Definition, How They Work, Pros and …
WEBApr 8, 2024 · Fact checked by. Vikki Velasquez. What Is a Hire Purchase Agreement? The term hire purchase refers to an arrangement for buying expensive goods. In a hire …
What Is Hire Purchase? - Rocket Lawyer
WEBGet started. Basics of Hire Purchase. Agreeing to purchase goods in installments over a period of time is the foundation of hire purchase. It is almost identical to an installment …
Purchase Definition & Meaning - Merriam-Webster
WEBThe meaning of PURCHASE is to obtain by paying money or its equivalent : buy. How to use purchase in a sentence.
Purchase Order Definition: 16k Samples | Law Insider
WEBdefinition. Purchase Order means the form or format a Customer uses to make a purchase under the Contract (e.g., a formal written purchase order, electronic purchase …
What Is Hire Purchase in Commercial Law? - UpCounsel
WEBFeb 1, 2023 · Hire purchase in commercial law is an agreement where the owner of any goods can permit a person, or the hirer, to hire goods from him or her for a certain …
Hire Purchase Agreements and Conditional Sales - LawTeacher.net
WEBSep 22, 2021 · Definition. Hire purchase agreements are agreements whereby an owner of goods allows a person, the hirer, to hire goods from him for a period of time by …
Option to Purchase in Real Estate Law | LawInfo
WEBDec 7, 2022 · An option to purchase real estate is a contract between the property owner and optionee (buyer). Instead of buying the property right away, an option allows the …
Caveat Emptor (Buyer Beware): What It Is, and What Replaced It
WEBMar 8, 2024 · In many jurisdictions, it is the contract law principle that places the onus on the buyer to perform due diligence before making a purchase. The term is …
What is straw purchasing a gun? | The Hill
WEBJun 13, 2022 · A straw purchase, as defined by the Bureau of Alcohol, Tobacco, Firearms and Explosives, involves someone who purchases a gun for someone who is …
What is a branded title? Meaning, types of title brands, and the
WEBLemon Law Buyback Title A lemon is a car that has had multiple attempts to repair a problem without resolution. Depending on the state, it might have met conditions, …
18 U.S. Code § 932 - LII / Legal Information Institute
WEBPART I. CHAPTER 44. § 932. Quick search by citation: Title. Section. 18 U.S. Code § 932 - Straw purchasing of firearms. U.S. Code. Notes. prev | next. (a) Definitions.—For …
My Park is for Sale | Division of Housing
WEBColorado law grants home owners time to form a group and make an offer to buy the mobile home park, which is called their opportunity to purchase. This means that sellers have …
Offshore properties, taxes and laws: 5 questions you may have …
WEB5 days ago · What is the procedure to follow, as per Pakistani law, if one wants to purchase property abroad? The money that is sent abroad for the purchase of the property should …
At NRA Convention, Trump Pledges to Be Gun Owners’ Ardent …
WEB6 days ago · At the N.R.A.’s meeting, Mr. Trump, whose campaign fund-raising has lagged in Texas, urged gun owners to head to the polls to help deliver him the election. He also …
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