purchaser
Defined in 6 dictionaries — Case Law, U.S. Code, Cyclopedic (1922), Ballentine's (1916), Black's (1910), Kinney (1893)
Definitions from Case Law
From 314 U.S. 1 - Alabama v. King & Boozer · 1941Most cited · 786 citing opinions
the person who orders and pays for them when the sale is for cash or who is legally obligated to pay for them if the sale is on credit
United States Code
11 U.S.C. § 101 — in this title (2 versions over time)
The term “purchaser” means transferee of a voluntary transfer, and includes immediate or mediate transferee of such a transferee.
12 U.S.C. § 1715Z — under this section (4 versions over time)
the term “owner” as used in this subparagraph, in addition to it having the same meaning as in section 1437f(f) of title 42, also means an affiliate of the owner; the term “purchaser” as used in this subsection means any private person or entity, including a cooperative, an agency of the Federal Government, or a public housing agency, that, upon purchase of the project, would have the legal right to lease or sublease dwelling units in the project, and also means an affiliate of the purchaser; the terms “affiliate of the owner” and “affiliate of the purchaser” means any person or entity (including, but not limited to, a general partner or managing member, or an officer of either) that controls an owner or purchaser, is controlled by an owner or purchaser, or is under common control with the owner or purchaser; the term “control” means the direct or indirect power (under contract, equity ownership, the right to vote or determine a vote, or otherwise) to direct the financial, legal, beneficial or other interests of the owner or purchaser; and
15 U.S.C. § 1701 — for the purposes of this chapter (2 versions over time)
“purchaser” means an actual or prospective purchaser or lessee of any lot in a subdivision;
15 U.S.C. § 3603 — in this section
“purchaser” means any person, other than a developer, who by means of a voluntary transfer acquires a legal or equitable interest in a unit other than (A) a leasehold interest (including renewal options) of less than five years, or (B) as security for an obligation;
26 U.S.C. § 6323 — for purposes of this section (4 versions over time)
The term “purchaser” means a person who, for adequate and full consideration in money or money’s worth, acquires an interest (other than a lien or security interest) in property which is valid under local law against subsequent purchasers without actual notice. In applying the preceding sentence for purposes of subsection (a) of this section, and for purposes of section 6324—
(A) a lease of property,
(B) a written executory contract to purchase or lease property,
(C) an option to purchase or lease property or any interest therein, or
(D) an option to renew or extend a lease of property,
42 U.S.C. § 5402 — as used in this chapter
“purchaser” means the first person purchasing a manufactured home in good faith for purposes other than resale;
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
A buyer; a vendee. The term is applied indifferently to persons acquiring, by purchase, either realty or personalty, but in the interest of exact nomenclature it should be applied only with respect to the sale of realty; "buyer" being the appropriate term for one who obtains personalty by sale.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
One who acquires reni property in any other mode than by descent. One who acquires either real or personal property by buying it for a price in money; a buyer; vendee. In the construction of registry acts, the term "purchaser" is usually taken in its technical legal sense. It means a complete purchaser, or, in other words, one clothed with the legal title. Steele v. Spencer, 1 Pet. 552, 559, 7 L. Ed. 259.
— Bona fide purchaser. See Bona Fide.
— First purchaser. In the law of descent, this term signifies the ancestor who first acquired (in any other manner than by inheritance) the estate which still remains in his family or descendants.
— Innocent purchaser. See INNOCENT.
— Purchaser of a note or hill. The person who buys a promissory note or bili of exchange from the holder without his indorsement. Purchaser without notice is not obliged to discover to bis own hurt. See 4 Bouv. Inst note 4336.
A Law Dictionary and Glossary
George C. Kinney · 1893
A person who acquires an estate in lands by his own act or agreement.