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ELEMENTS

OF

CONVEYANCING.

BOOK. III.

OF THE MEANS OF TRANSFERRING REAL
PROPERTY FROM ONE PERSON
TO ANOTHER.

PART I.

OF ORIGINAL CONVEYANCES.

CHAP. I.

OF CONTRACTS OR AGREEMENTS, CONSIDERED AS PRE-
LIMINARY TO A MORE FORMAL ASSURANCE.

A

DEED is defined to be "a writing on paper or CONTRACTS, parchment, sealed and delivered, to prove the agree

ment of the parties whose deed it is, to the things contained therein." As it appears by this definition, that a deed is the evidence of some prior agreement between the parties; and as the stability of the deed must consequently depend in a great measure upon the validity of the contract upon which it is founded, it will be proper, before we enter upon the immediate subject of deeds, to make some preliminary inquiries concerning the essential properties to a lawful contract, agreement or obligation. In doing which, I shall consider,

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&c.

CONTRACTS, &c.

Who are capable of entering into contract.

I. WHO ARE LEGALLY CAPABLE OF ENTERING INTO
A CONTRACT.

II. WITH OR TO WHOM A CONTRACT OR CONVEYANCE

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MAY BE ENTERED INTO OR MADE."

III. WHAT MAY BE THE SUBJECT OF A LAWFUL CON

TRACT.

IV. OF THE CONSIDERATION NECESSARY TO SUPPORT

v.

A CONTRACT.

OF THE REQUISITES TO A VALID CONTRACT IN
RESPECT OF OUTWARD CIRCUMSTANCES.

1. WHO ARE LEGALLY CAPABLE OF ENTERING INTO A CONTRACT.

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As to which, it may be observed generally, that all persons whomsoever are able to enter into an efficient agreement concerning their property, whether real or personal, unless prohibited by some physical incapacity, or some positive rule of law. These physical imbecilities arise from the nature of a contract, which being founded upon an active assent of the mind to the thing agreed upon, it is essential that the parties contracting should be capacitated to give that free and absolute assent to the terms of stipulation which natural justice requires should be given to every contract intended to be binding upon the parties and their representatives (1); it becomes necessary, therefore, to inquire who are, and who are not, deemed in the eye of the law capable of giving such assent; and also what circumstances have been holden to be a sufficient indication of it. Consent is an act of reason, accompanied by deliberation, and supposes, in the words of Barbeyrac ↳, Grot. 1. 2, c. 11, s. 5.

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(1) In omnibus rebus quæ dominium transferunt concurrat oportet affectus ex utraque parte contrahentium; nam sive ex venditio sive donatio sive conductio sive quælibet alia causa contrahendi fuit, nisi animus utriusque consensit, perduci ad effectum id quod inchoatur non potest.

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