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Home » Law Dictionary » V » VENDOR

VENDOR

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

The person who transfers property by sale, particularly real estate, “seller” being more commonly used for one who sells personalty. He is the vendor who negotiates the sale, and becomes the recipient of the considera-tion, though the title comes to the vendee from another source, and not from the vendor. Rutland v. Briefer, 53 Miss. 685. Vendor and Purchaser’s Act. The act of 37 A 38 Vict c. 78, which substitutes forty for sixty years as the root of title, and amends in other ways the law of vendor and purchaser. Mozley & Whitley. Vender’s lien. A lien for purchase money remaining unpaid, allowed in equity to the vendor of land, when the statement of receipt of the price in the deed is not in accordance with the tact Also, a lien existing on the unpaid vendor of chattels, the same remaining in his bands, to the extent of the purchase price, where the sale was for cash, or on a term of credit which has expired, or on an agreement by which the seller is to retain possession.

Related Posts:

  • SELLER
  • RESALE
  • PURCHASE
  • PURCHASE-MONEY
  • MANCIPATIO
  • VEND

Filed Under: V

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