Bargainand Sale

Bargain and Sale, an ancient form of conveyance of land. A "Bargain and Sale" required to be enrolled within six months. It has long ceased to be in use for freehold interests in England, but curiously enough it is the common form of conveyance in the United States, where it has its virtue and validity mainly by force of the Statute of Uses (q.v.). In Scotland no such transaction as a Bargain and Sale exists with reference to real estate.