Legal Definition and Related Resources of Vente a remere
Meaning of Vente a remere
In French law. A sale made, reserving a right to the seller to repurchase the property sold by returning the price paid for it. The term is used in Canada and Louisiana. The time during which a repurchase may be made cannot exceed ten years, and, if by the agreement it so exceed, it shall be reduced to ten years. The time fixed for redemption must be strictly adhered to, and cannot be enlarged by the judge, nor exercised afterwards. Civ. Code La. arts. 15451549. The following is an instance of a vente a remere. A. sells to B. for the purpose of securing B. against indorsements, with a clause that “whenever A. should relieve B. from such indorsements, without B.’s having recourse on the land, then B. would reconvey the same to A. for A.’s own use.” This is a vente a remere, and until A. releases B. from his indorsements, the property is B.’s, and forms no part of A.’s estate. 7 Mart. (La.; N. S.) 278. See 1 Mart. (La.; N. S.) 528; 3 La. 153; 4 La. 142; Tropl. Vente, c. 6; 6 TouUier, Dr. Civ. p. 257.
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| Vente A Remere in the Dictionary | Vente A Remere in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Vente A Remere |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Vente A Remere in the World Encyclopedia of Law |
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This definition of Vente A Remere is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Concept of “Vente a Remere”
Traditional meaning of vente a remere in the French law history (with some legal use in England and the United States in the XIX Century) [1]: (in French) A sale made reserving the right to repurchase.
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Notes and References
- Based on A Concise Law Dictionary of Words, Phrases and Maxims, “Vente a Remere”, Boston: Little, Brown, and Company, 1911, United States. It is also called the Stimson’s Law dictionary. This term and/or definition may be absolete.
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