purported
purported, adj. Reputed; rumored.
purport (p[schwa]r-port), n. The idea or meaning that is conveyed or expressed, esp. by a formal document. purport (p[schwa]r-port), vb. To profess or claim, esp. falsely; to seem to be (the document purports to be a will, but it is neither signed nor dated).
purport n. (1)(表面)意义;(文件等的)含义;要旨;主旨 (2)法律含义;法律意义 (3)意图;目的 v. (4)表达;表示;表明;说明 (5)意图做;打算做 (6)声称;宣称;自称
A covenant contained in a warranty deed whereby the grantor promises to execute any doc-ument that might be needed in the future to perfect the title that the original deed purported to transfer.
minutes. 1. Memoranda or notes of a transaction or proceeding. 2. Parliamentary law. The formal record of a deliberative assembly’s proceedings, approved (as corrected, if necessary) by the assembly. — Also termed journal; record; report. See DISPENSE WITH THE READING OF THE MINUTES; SPREAD UPON THE MINUTES . “The minutes of an organization include a
sham transaction. An agreement or exchange that has no independent economic benefit or business purpose and is entered into solely to create a tax advantage (such as a deduction for a business loss). • The Internal Revenue Service is entitled to ignore the purported tax benefits of a sham transaction. [Cases: Internal Revenue 3071. C.J.S.
after-acquired-title doctrine. The principle that title to property automatically vests in a person who bought the property from a seller who acquired title only after purporting to sell the property to the buyer. [Cases: Vendor and Purchaser 8. C.J.S. Vendor and Purchaser § 6.]
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A law that purports to be exhaustive in restating the whole of the law on a particular topic, including prior caselaw as well as legislative provisions. • Courts generally presume that a codifying statute supersedes prior caselaw. Cf. consolidating statute.
Title held by a person who bought property from a seller who acquired title only after purporting to sell the property to the buyer. See AFTER-ACQUIRED-TITLE DOCTRINE. [Cases: Vendor and Purchaser 8. C.J.S. Vendor and Purchaser § 6.]
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