Sale On Condition

Legal Definition and Related Resources of Sale On Condition

Meaning of Sale On Condition

An executory contract where title does not vest in the buyer at the time of the transaction of sale but only on the happening of a future condition and buyer does not hold title to the property but is in a position similar to a bailee , lessee . See Phelan v Stockyards Bank, 276 P. 175, 134 Okl. 13.

Related Entries of Sale On Condition in the Encyclopedia of Law Project

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Sale On Condition in Historical Law

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Legal Abbreviations and Acronyms

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