| 翻訳と辞書 |
| Words of purchase ： ウィキペディア英語版 |
Words of purchase
Words of purchase are words the grantor used to designate the grantee on a deed, will, or probate that determine who is to receive the interest.〔John G. Sprankling & Raymond R. Coletta, Property 313 (2nd ed. W. Academic Publ'g 2012).〕
The term words of purchase is a technical conveyancing expression, a term of art in real property law that has nothing to do with the ordinary meanings of the word "purchase." The word purchase in the expression means that real property is being transferred by deed or will, not inherited through the laws of descent and distribution.
Whether the property is bought or given away, if the transfer is by deed or will, it is a purchase in this usage. The act or process of acquiring real property by deed or will is called taking by purchase, even though it was a gift. The person who acquires real property by deed or will is called a purchaser even if this person may have paid nothing.
Words of purchase are contrasted with words of limitation, which describe the extent, or quality, or duration of the estate he acquires. For example, in a deed to Whiteacre "to A for life," "to A" are words of purchase, "for life" words of limitation.
==References==
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
■ウィキペディアで「Words of purchase」の詳細全文を読む
スポンサード リンク
| 翻訳と辞書 : 翻訳のためのインターネットリソース |
Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.
|
|