Bargain and sale Meaning, Definition & Usage

Definitions
  1. (Law), a species of conveyance, by which the bargainor contracts to convey the lands to the bargainee, and becomes by such contract a trustee for and seized to the use of the bargainee. The statute then completes the purchase; i.e., the bargain vests the use, and the statute vests the possession. Blackstone.

Webster 1913