buyer in possession, sale by

buyer in possession, sale by

Collins dictionary of law. . 2001.

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  • possession — pos‧ses‧sion [pəˈzeʆn] noun 1. [countable] something that someone owns: • It s vital to insure your possessions for the journey to your new home. 2. [uncountable] the state of having or owning something: • What happens if the buyer has… …   Financial and business terms

  • Possession (law) — In law, possession is the control a person intentionally exercises toward a thing. In all cases, to possess something, a person must have an intention to possess it. A person may be in possession of some property (although possession does not… …   Wikipedia

  • SALE — (Heb. מְכִירָה, mekhirah). Sale may be defined as the permanent transfer for consideration of existing legal rights from one person to another. The consideration may be in money or in kind. By extension the term sale is also used to denote a… …   Encyclopedia of Judaism

  • sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …   Black's law dictionary

  • Sale of Goods Act 1979 — The Sale of Goods Act 1979 is a British Act of Parliament (1979, ch 54) which regulates contracts in which goods are sold and bought. The Act consolidates the Sale of Goods Act 1893 and subsequent legislation, which in turn consolidated the… …   Wikipedia

  • Bulk sale — For food sold by weight in stores, see bulk bins. A bulk sale, sometimes called a bulk transfer, is a sale of goods by a business that represents all or substantially all of its inventory to a single buyer unless such a sale would be common in… …   Wikipedia

  • First-sale doctrine — This article is about the first sale doctrine as applied to copyright. For the analogous first sale doctrine applicable to patents, see Exhaustion doctrine. The first sale doctrine is a limitation on copyright that was recognized by the Supreme… …   Wikipedia

  • Bill of sale — A bill of sale is a legal document made by a seller to a purchaser , reporting that on a specific date, at a specific locality, and for a particular sum of money or other value received , the seller sold to the purchaser a specific item of… …   Wikipedia

  • bill of sale — noun a deed transferring personal property • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑deed, ↑deed of conveyance, ↑title * * * : a formal instrument for the conveyance or transfer of title to goods and chattels * * * a document transferring… …   Useful english dictionary

  • ḤAMEẒ, SALE OF — (Heb. מְכִירַת חָמֵץ). No ḥameẓ (leaven) may be present, or seen, in the house of a Jew during Passover. In addition to the prohibition against eating ḥameẓ or deriving any benefit from it, the Pentateuch explicitly states: Seven days shall there …   Encyclopedia of Judaism

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