L. Fr. An ancient writ whereby the crown seized the land which the wife of its deceased tenant, who held in capite, had for her dower, ir she married without leave. It was grounded on the statute Do Prmrogativa Regis, 7, (17 Edw. II. St 1, c 4.) It is abolished by 12 Car. II. c 24. … [Read more...] about POUR SEISIR TERRES
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POWER OF DISPOSITION
Every power of disposition is deemed absolute, by means of which the donee of such power is enabled in his life time to dispose of the entire fee for his own benefit; and, where a general and beneficial power to devise the inheritance is given to a tenant for life or years, it is absolute, within the meaning of the statutes of some of the states. Code Ala. 1886, … [Read more...] about POWER OF DISPOSITION
POUR-OVER WILL
A will that places property into a trust when the maker of the will dies. Property left through the will must pass through probate before entering the trust. … [Read more...] about POUR-OVER WILL
POWER OF SALE
A clause sometimes inserted in mortgages and deeds of trust giving the mortgagee (or trustee) the right and power, on default in the payment of the debt secured, to advertise and sell the mortgaged property at public auction (but without resorting to a court for authority), satisfy the creditor out of the net proceeds, convey by deed to the purchaser, return the surplus, if … [Read more...] about POWER OF SALE
POURPARLER
Fr. In French law. The preliminary negotiations or bargainings which lead to a contract between the parties. As in English law, these form no part of the contract when completed. The term is also used In this sense in international law and the practice of diplomacy. … [Read more...] about POURPARLER
