How does an article of agreement work?

How does an article of agreement work?

An installment contract (also called a land contract or articles of agreement for warranty deed or contract for deed) is an agreement between a real estate seller and buyer, under which the buyer agrees to pay to the seller the purchase price plus interest in installments over a set period of time.

What is the difference between article and clause?

As verbs the difference between article and clause is that article is to bind by articles of apprenticeship while clause is (shipping) to amend (a bill of lading or similar document).

What is article and clause?

There are no firm rules on naming the articles and sections. It appears that in UK legal practice, all clauses tend to be referred to as Clause whilst in the US it is common (and I believe rightfully so) to refer to Articles as the main dividers and subdivided in Sections

What is article and act?

So, simply put, an act is the formally codified result of deliberation by a legislative body. An article is a separate and distinct part of a written instrument, such as a contract, statute, or constitution, that is often divided into sections

What is the Article 18?

Everyone has the right to freedom of thought, conscience and religion; this right includes freedom to change his religion or belief, and freedom, either alone or in community with others and in public or private, to manifest his religion or belief in teaching, practice, worship and observance.

What does Article mean in law?

Definition. A paragraph or section of a legal document or statute. the Constitution.

Is article and section the same?

The section element represents a generic section of an “Article”. Sections, in this context, are thematic grouping of content, typically with a heading within an Article. So, the basic difference between an act, an article and a section would be that one can be the sub-division of the other.

What is Article section?

An article is a separate and distinct part of a written instrument, such as a contract, statute, or constitution, that is often divided into sections. A written instrument, containing a series of rules and stipulations that are each designated as an article.

What comes first article or section?

It is a good idea to mark references to Articles and Sections by capitalising the first letter (as opposed to references to articles in statutes or other contracts). Articles and sections. Articles are no more than the heading (or ‘caption’) of the sections immediately underneath.

What is section and clause?

When parts of a section are interrelated, or when one whole provision emerges out by putting all the parts of the section together, then those parts are referred to as sub-sections. Whereas, when these parts are independent of each other and are not interrelated then these are referred to as clauses

What is the difference between a section and a paragraph?

As nouns the difference between section and paragraph is that section is a cutting; a part cut out from the rest of something while paragraph is article, paragraph (section of a legal document).

How do you cite a section of a contract?

Simply list the page number of the contract and the relevant section. In some circumstances, you may need to directly quote the contract in a letter instead of just making a reference. Quoting a contract can be useful if the contract includes complex language or is very long.

What is section and subsection?

A section is a distinct part or chunk of a body of material. Sections and subsections may be one or more paragraphs long. The material in a section fits together under a topic, which is usually identified by a subject heading or subheading.

How do you write a section subsection?

If you are specifying a paragraph or subsection as part of a section, use just the abbreviation for the section. For example, paragraph (b) of subsection (1) of section 15 of the Human Rights Act 1998 is expressed as: Human Rights Act 1998, s 15(1)(b)

What does Clause mean in law?

A section, phrase, paragraph, or segment of a legal document, such as a contract, deed, will, or constitution, that relates to a particular point. The Supremacy Clause, for example, is part of Article IV of the U.S. Constitution.

How do you read an act of law?

There are some methods or techniques, which you can follow while reading Bare Acts for a clear understanding of the law.

1. Know the purpose of the Act.
2. Read the interpretation/definition clause.
3. Interpret literally.
4. Break sentences into parts and read.
5. Give special attention to some terms.
6. The help of the Standard Textbook.

Which bare act is best?

BEST INDIAN CONTRACT ACT BOOKS

• Indian Contract Act by Dr R.K Bangia (must read book) (I study from this book in Library.)
• Contract Act by Pollock and Mulla.
• Contract Act Bare Act by Universal (I have this book)
• Contract Act Bare Act by Professionals. More Indian Contract Act Books.

What are statutory numbers?

Statutes are laws written and enacted by the legislative branch of government. The Public Law Number (e.g., Pub. L. No. 112-25) consists of two parts: the first number represents the number of the Congress that passed the law; the second number represents the chronological order in which the law was passed

What is a section in a statute?

Think of the statute as a unit of law that is part of a series of units of law and scan the table of contents to see what sections precede and follow the section you are reading. If there is a short title section (usually at the beginning of the chapter or subchapter), read it.

What is a statutory scheme?

A Statutory Scheme means an elaborate and systematic plan of action on a particular topic provided in the statute itself. It can be a specific Act or legislation dealing with a particular subject.

How do you quote a section of the act?

The basics of a reference list entry for an Act:

1. Short Title of Act (in italics).
2. Year (in italics).
3. Jurisdiction abbreviation (in round brackets).
4. Section number and subdivision if applicable.
5. Country abbreviation (in round brackets).
6. The first line of each citation is left adjusted.

How do you quote a regulation?

Here are the basic elements of an APA Style reference for a regulation drawn from the Code of Federal Regulations.

1. Name of the regulation. Start the reference with the name of the regulation if the regulation is commonly identified by its name.
2. Title number.
3. Abbreviated name of the source.
4. Section number.
5. Date.

How do you read a regulation Citation?

Regulations are published chronologically as promulgated in registers and topically in codes. Citations to regulations as promulgated include a volume number, the name of the register in which they are published, and a page number. They include the full date in parentheses at the end

What does CFR stand for?

Code of Federal Regulations

How do you read CFR citations?

Citations to the Code of Federal Regulations in the Federal Register are cited with the title number, the abbreviation CFR, the word “part” or the symbol “§” for section, and the number of the part or section, as in “12 CFR part 220” or “12 CFR §220.1.” The Bluebook citation method is similar to the above, but it …