T�tulo: How to Draft and Enforce a Conditional Sale One of a Series of Lectures Especially Prepared for the Blackstone Institute Classic Reprint
Editor: Forgotten Books
Fecha de publicaci�n: 2018
Idioma: Ingl�s
ISBN 10: 1332141323
ISBN 13: 9781332141326
Encuadernaci�n: PAP
Estado: New
Peso: 150 gramos

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Sinopsis

Understand how to draft and enforce a conditional sale with practical, step-by-step guidance on remedies, notices, and enforcement. This edition presents the material as a clear, usable framework for sellers and buyers. It explains how the Uniform Conditional Sales Act shapes actions from retaking to resale and how to protect rights when payment or performance falters.

The content focuses on the mechanics of conditional sales, including when and how a seller may retake goods, how to issue notices, and how to conduct a resale. It also covers the distribution of resale proceeds, the handling of deficiencies, and the remedies available to sellers and buyers under the act.

Readers will gain concrete guidance on filing requirements, notice timing, and the interplay between contract terms and statutory protections. The material emphasizes practical safeguards for creditors while noting limits and duties for both sides of a conditional sale.

How and when a seller can retake possession after default

What notices are required and how to structure them

How proceeds from a resale are applied and how deficiencies are handled

The remedies available to sellers and buyers and when foreclosure or in?equity actions are appropriate

Ideal for readers of contract law and business professionals who draft or enforce conditional sales.

Rese�a del editor

Excerpt from How to Draft and Enforce a Conditional Sale: One of a Series of Lectures Especially Prepared for the Blackstone Institute

The difierence between a lease and a conditional sale, in the strict sense of those terms, is that in a lease the parties intend the article leased to be returned at the end of a set period. The user pays certain sums called rent for use of the property. In the case of a conditional sale the parties contemplate that when the sums stipulated are paid the property shall belong absolutely to the buyer. In the case of the lease, the sums paid are simply in return for the use of the property. In the case of the conditional sale, the sums paid are part payment toward the pur chase price.

In many states it is the custom to draft conditional sales in the form of leases on the theory that in this' way the buyer most clearly acquires no claim to the title until final payment has been made. Such leases contain a clause giving the so-called lessee the right to a release of the lessor 's rights in the property on final payment. The courts, however, have been very quick to protect the buyer in the case of leases of this character by declaring them to be what they are in fact - conditional sales.1 The final payment of the so-called rent results in the transfer of the title, but this cannot be the efiect in case of a real lease. The courts have reached this result without the aid of any statute. In some states, however, statutes have been passed which include such leases within their operation.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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