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conveyancing, contracts. A contract in writing to convey lands to another person; or rather it is the sale of a use therein. In strictness it is not an absolute conveyance of the seizin, as a feoffment. Watk. Prin. Conv. by Preston, 190, 191. The consideration must be of money or money's worth. Id. 237. 2. In consequence of this conveyance a use arises to a bargainee, and the … [Read more...] about BARGAIN AND SALE

An English name or title of dignity, (but not a title of nobility,) established A. D. 1611 by James I. It is created by letters patent, and descends to the male heir. Spelman. … [Read more...] about BARONET

This refers to the entire amount of property owned by a debtor when filing for bankruptcy, exclusive of exempt property, and which the trustee of the bankruptcy case will take possession and manage. … [Read more...] about BANKRUPTCY ESTATE

In old English law. A proclamation. Bannus regis; the king's proclamation, made by the voice of a herald, forbidding all present at the trial by combat to interfere either by motion or word, whatever they might see or hear. Bract f ol. 142. … [Read more...] about BANNUS

In conveyancing. The transferring of the property of a thing from one to another, upon valuable consideration, by way of sale. Shep. Touch. (by Preston,) 221. A contract or bargain by the owner of land, in consideration of money or its equivalent paid, to sell land to another person, called the "bargainee," whereupon a use arises in favor of the latter, to whom the seisin is … [Read more...] about BARGAIN AND SAXE