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ESTATE BY STATUTE MERCHANT

Categories: Property

Definition (1910 Edition)

An estate whereby the creditor, under the custom of London, retained the possession of all his debtor’s lands until his debts were paid. 1 Greenl. Cruise, Dig. 515. See Stat-
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.