sale of land

sale of land
An actual transfer of title to the land from grantor to grantee by an appropriate instrument of conveyance executed for a consideration in money or the equivalent of money. Keogh v Peck, 316 Ill 318, 147 NE 266, 38 ALR 1151. An effective transfer of the equitable title to real estate from vendor to vendee under a contract of sale. 55 Am J1st V & P § 356. See land contract.

Ballentine's law dictionary. . 1998.

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  • sale of land — See conveyance conveyancing …   Black's law dictionary

  • SALE — (Heb. מְכִירָה, mekhirah). Sale may be defined as the permanent transfer for consideration of existing legal rights from one person to another. The consideration may be in money or in kind. By extension the term sale is also used to denote a… …   Encyclopedia of Judaism

  • land — n 1: an area of the earth usu. inclusive of improvements, bodies of water, and natural or man made objects and extending indefinitely upward and downward compare air right 2: an estate, interest, or right in land land means both surface and… …   Law dictionary

  • land registry — land .registry plural land registries n a government office in Britain that keeps records about the sale of land and who owns it American Equivalent: land office …   Dictionary of contemporary English

  • land office — land .office n a government office in Britain that keeps records about the sale of land and who buys and sells it British Equivalent: land registry …   Dictionary of contemporary English

  • land agent — ► NOUN Brit. 1) a person employed to manage an estate on behalf of its owners. 2) a person who deals with the sale of land …   English terms dictionary

  • contract for sale of land — A contract which calls for conveyance of interest in real estate and requires a writing signed by party sought to be charged as being within Statute of Frauds. See also contract for deed contract of sale …   Black's law dictionary

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  • sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …   Black's law dictionary

  • Land Ordinance of 1785 — The Land Ordinance of 1785 was adopted by the United States Congress on May 20, 1785. Under the Articles of Confederation, Congress did not have the power to raise revenue by direct taxation of the inhabitants of the United States. Therefore, the …   Wikipedia

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