counter-letter

counter-letter
A separate instrument, executed simultaneously with a deed absolute on its face, whereby the grantee named in the deed undertakes to reconvey the property to the grantor, upon the fulfilment of the terms and conditions stated in the counter-letter. Livingston's Exr. v Story (US) 11 Pet 351, 9 L Ed 746.

Ballentine's law dictionary. . 1998.

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  • counter letter — An agreement to reconvey where property has been passed by absolute deed with the intention that it shall serve as security only …   Black's law dictionary

  • counter letter — An agreement to reconvey where property has been passed by absolute deed with the intention that it shall serve as security only …   Black's law dictionary

  • counter-letter — …   Useful english dictionary

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