TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BARGAIN SALE DEED [2 records]

Record 1 2013-03-08

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
CONT

A fifth method of conveying was the lease and release. The lease for a term of years, since it was not a freehold, was usually made by deed. In order to perfect his interest, the lessee did, however, have to enter on the land, for otherwise the deed gave him only an "interesse termini", or interest in the term. Once the tenant had gone into possession, he was capable of taking a release, that is, the landlord could release the reversion to him by deed and the two interests would merge so as to give the tenant the fee simple and the seisin.... In England the feoffment with livery as well as the other old forms of conveyance, the bargain and sale and the lease and release, have been abolished. The latter two forms of conveyance, provided they are by deed, are still possible in Canadian jurisdictions which have legislation similar to Ontario's, since that legislation only deals with feoffment by livery.(Anger & Honsberger, 2nd ed., 1985, pp. 34 et 96)

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

bail-délaissement : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).

Spanish

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Record 2 2012-10-09

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
DEF

A deed, formerly in the form of a contract between buyer and seller, that recites a consideration and conveys all of the grantor’s interest in the property to the grantee.

CONT

A bargain and sale deed usually does not include warranties as to the title of the property conveyed; however, the grantor asserts by implication that he or she has possession of, a claim to, or interest in the property conveyed.(Reilly, 2nd, p. 45)

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

Acte de vente sur marché peut s'employer lorsque le contexte ne laisse aucun doute sur la nature du document en question.

OBS

acte formaliste de vente sur marché; acte de vente sur marché : termes normalisés par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).

Spanish

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