bargain and sale

English

Noun

bargain and sale

1. (law) A form of conveyance by which the bargainor contracts to convey the lands to the bargainee and becomes by such contract a trustee for and seized to the use of the bargainee. The statute then completes the purchase, i.e. the bargain vests the use, and the statute vests the possession.
   • 1765–1769, William Blackstone, Commentaries on the Laws of England, (please specify |book=I to IV), Oxford, Oxfordshire: […] Clarendon Press, →OCLC:

     A thirteenth species of conveyance , introduced by this statute , is that of a bargain and sale of lands ; which is a kind of real contract , whereby the bargainor , for some pecuniary consideration , bargains and sells