| 释义 |
completion
n. (in land law) The point at which ownership of land that is the subject of a contract for its sale changes hands. The purchaser hands over any unpaid balance of the price in exchange for the title deeds and a valid conveyance of the land to him if the land is unregistered. If the land is registered, the purchaser receives a simple form of transfer that must be lodged at the Land Registry. In either case, the purchaser does not become the legal owner of the land until title is registered. |