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Pact

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

A bargain; compact; agreement. This word is used in writings on Roman law and on general Jurisprudence as the English form of the Latin "pactum," (which see.)

Nude pact. A translation of the Latin "nudum pactum," a bare or naked pact, that is, a promise or agreement made without any consideration on the other side, which is therefore not enforceable.

Pact de non alienando. An agreement not to niienate incumbered (particularly mortgaged) property. This stipulation, sometimes found in mortgages made in Louisiana, and derived from the Spanish law, binds the mortgagor not to sell or incumbar the mortgaged premises to the prejudice of the mortgagee; it does not avoid a sale made to a third person, but enables the mortgagee to proceed directly against the mortgaged property in a proceeding against the mortgagor alone and without notice to the purchaser. See Dodds v. Lanaux, 45 La. Ann. 287, 12 South. 345.