warrandice

warrandice (wahr-[schwa]n-dis or -dIs).Scots law. An obligation to indemnify the grantee or buyer of land if another person establishes a superior title and takes possession.

personal warrandice. An obligation to indemnify that binds the grantor and the grantor’s heirs.

real warrandice. An obligation by which certain lands are made over as security for lands conveyed to the grantee and will be transferred to the grantee if he or she is evicted from the conveyed lands by a third party.

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词条贡献者

译者Terence，毕业于国内顶尖法学院，擅长翻译各种与复杂结构性融资相关的法律文件。