Legal Term of Seller

However, according to a contract of sale, according to a contract of sale, the land is considered the property of the buyer, and the court will assert its rights by decree for a specific performance; and the seller is entitled to the purchase price. As a general rule, any person can be a sui juris buyer or seller. But there are several exceptions to this rule. The above rules apply to the sale of personal property. The sale of real estate is subject to different rules. If a contract for the sale of real estate has been concluded, legal ownership of this land remains the property of the seller and passes to the buyer only after receiving from the seller a legal instrument of transfer; and Buyer`s sole remedy with Iaw is to bring an action against the Contract and obtain financial damages for any breach of the Contract. The one who has something at his disposal for money; a supplier. This term is more often used in the sale of movable property, that of the seller in the sale of real estate. The one who sells something; the party transferring ownership in the contract of sale. The correlative is “buyer” or “buyer”.

Although these terms are not inapplicable to those involved in a real estate transfer, it is more common to use “veudor” and “vendée” in this case. The obligations of the seller are, 1. To deal with fairness. 2. to deliver the item sold at the agreed time and place and to maintain it until delivery; But if everything the seller has to do with the goods is complete, the ownership and risk of accident of the goods lies with the buyer, even before delivery or payment. 3. Guarantee personal title if he sells it as his own, if it is in his possession. To justify a sale, a price must be agreed; But according to the Maxim id certum est quod reddi certum potest, a sale may be valid even if it is agreed that the rice for the item sold will be determined by a third party. The price must have the following three characteristics: In the options market, a seller is an entity that drafts the options contract and receives the buyer`s premium in exchange for selling the option. The seller also assumes the risk that the option will be exercised, which may result in losses greater than the premium received if the option is bare (not covered).

The terms of sale of an option, short selling of an option and subscription of an option are equivalent. A seller is a natural or legal person who exchanges a good or service for payment. In financial markets, a seller is a natural or legal person who offers a security that he owns to be bought by someone else. In the options market, a seller is also called a writer. The author is on one side of the contract and receives a bonus for selling the option. The rights of the seller are, 1. The agreed price must be paid. 2.

Compensation for all costs incurred by him in obtaining the item sold for the buyer after ownership of the latter has been transferred to the buyer. 3. Stop the thing in Transsitu if the buyer has failed and the price has not been paid. A stop-loss sell order is placed at $135. A sell limit is placed at $200. The investor becomes the seller at these prices, and whoever is hit first will close the position. When selling an asset or security, the seller is someone who already owns the asset or security and wants to get rid of it. Someone else will buy it. Short selling is the act of selling something that is not owned. He sells first and buys later (to close the position), hopefully at a lower price. Short sellers are trying to take advantage of falling prices.

There must be something that is the subject of the sale, because if the thing that was sold at the time of the sale had ceased to exist, it is clear that there can be no sale; for example, if Paul sells his horse to Peter and at the time of the sale the horse is dead, although the fact is unknown to both parties: or, if you and I are in Philadelphia, I sell you my house in Cincinnati, and at the time of the sale it is burned, it is obvious that there has been no sale, for there was nothing to sell. It is also obvious that things that are not in commerce, such as air, sea water and others, cannot be sold. If an error has been made in relation to the item sold, there is no sale; For example, if a broker who is the representative of both parties sells an item and gives the seller a sales note describing the item sold as “clean hemp from St. Petersburg” and buys from the buyer a ticket as “hemp from the Riga Rhine”, there is no sale. Before a prudent investor or trader starts a trade, he determines when he will reduce his losses and also formulates a plan when he will take profits if the price moves in the expected direction. However, with a covered call or put, the option seller already has a long or short position on the underlying asset. If the underlying asset is bought or sold at the same time as the hedged options, the loss would be minimal.