word of purchase

Definition of "word of purchase"
  1. A phrase in a will or deed indicating the person who will acquire the property
How to use "word of purchase" in a sentence
  1. In the will, the word of purchase identified the sole daughter as the property receiver.
  2. An attorney helped draft the deed, ensuring the word of purchase clearly stated who was to obtain the estate.
  3. Misinterpretation of the word of purchase in a will can lead to legal disputes about who really owns the property.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z