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Home » Law Dictionary » C » CATCHING BARGAIN

CATCHING BARGAIN

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

contracts, fraud. An agreement made with an heir expectant, for the purchase of his expectancy, at an inadequate price. 2. In such case, the heir is, in general, entitled to relief in equity, and way have the contract rescinded upon terms of redemption. It has been said that all persons dealing for a reversionary interest are subject to this rule, but it may be doubted whether the course of decisions authorizes so extensive a conclusion and whether, in order to constitute a title to relief, the reversioner must not combine the character of heir. A mere hard bargain is not sufficient ground for relief. 3. The French law is in unison with these principles. An agreement, which has for its object the succession of aman yet alive, is generally void.

Related Posts:

  • BARGAIN
  • EXPECT
  • POST OBIT
  • PRETERMITTED HEIR
  • RESCISSION OF A CONTRACT
  • EQUITY OF REDEMPTION

Filed Under: C

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