KFLCC Kingdom Law 2nd Ed.

1003

REDHIBITORY DEFECT

REDDIDIT SB

REDEMPTION. A repurchase; a buy ing back. The act of a vendor of property in buying it back again from the purchaser at the same or an enhanced price. The right of redemption is an agreement or paction, by which the vendor reserves to him self the power of taking back the thing sold by returning the price paid for it. Civil Code La. art 2567. The process of annulling and revoking a conditional sale of property, by performance of the conditions on which it was stipulated to be revocable. The process of cancelling and annulling a defeasible title to land., such as is created by a mortgage or a tax-sale, by paying the debt or fulfilling the other conditions. The liberation of a chattel from pledge or pawn, by paying the debt for which it stood as security. Repurchase of notes, bills, or other evi dences of debt (particularly bank-notes and paper-money,) by paying their value in coin to their holders. —Redemption, equity of. See EQUITY OF REDEMPTION.—Redemption of land-tax. In English law. The payment by the land owner of such a lump sum as shall exempt his land from the land-tax. Mozley & Whitley. —Voluntary redemption, in Scotch law, is when a mortgagee receives the sum due into his own hands, and discharges the mortgage, without any consignation. Bell. REDEMPTIONES. In old English law. Heavy fines. Distinguished from misericor dia, (which see.) REDEUNDO. Lat Returning; in re turning; while returning. 2 Strange, 985. REDEVANCE. In old French and Cana dian law. Dues payable by a tenant to his lord, not necessarily in money. REDHIBERE. Lat In the civil law. To have again; to have back; to cause a sell er to have again what he had before. REDHIBITION. In the civil law. The avoidance of a sale on account of some vice or defect in the thing sold, which renders it either absolutely useless or its use so In convenient and imperfect that it must be supposed that the buyer would not have pur chased it had he known of the vice. Civ. Code La. art 2520. REDHIBITORY ACTION. In the civil law. An action for redhibition. An action to avoid a sale on account of some vice or defect in the thing sold, which renders its use impossible, or so inconvenient and im perfect that it must be supposed the buyer would not have purchased it had he known of the vice. Civ. Code La. art. 2520. REDHIBITORY DEFECT (or VICE.) In the civil law. A defect in an article sold, for which the seller may be compelled to

REDDIDIT SE. Lat. He has rendered himself. In old English practice. A term ap plied to a principal who had rendered him self in discharge of his bail. Holthouse. REDDITARITTS. In old records. A renter; a tenant. Cowell. REDDITARIUM. Jn old records. A rental, or rent-roll. Cowell. REDDITION. A surrendering or re storing ; also a judicial acknowledgment that the thing in demand belongs to the demand ant, and not to the person surrendering Cowell. REDEEM. To buy back. To liberate an estate or article from mortgage or pledge by paying the debt for which it stood as secu rity. To repurchase in a literal sense; as, to redeem one's land from a tax-sale. See Max well v. Foster, 67 S. C. 377, 45 S. E. 927; Miller v. Ratterman, 47 Ohio St. 141, 24 N. E. 496; Swearingen v. Roberts, 12 Neb. 333, 11 N. W. 325; Pace v. Bartles, 47 N. J. Eq. 170, 20 Atl. 352. REDEEMABLE. 1. Subject to an obli gation of redemption; embodying, or condi tioned upon, a promise or obligation of re demption; convertible into coin; as, a "re deemable currency." See U. S. v. North Carolina, 136 U. S. 211, 10 Sup. Ct 920, 34 L. Ed. 336. 2. Subject to redemption; admitting of redemption or repurchase; given or held un der conditions admitting of reacquisition by purchase; as, a "redeemable pledge." —Redeemable rights. Rights which return to the conveyor or disposer of land, etc., upon payment of the sum for which such rights are granted. Jacob. REDELIVERY. A yielding a2d deliver ing back of a thing. —Redelivery bond. A bond given to a sheriff or other officer, who has attached or levied on personal property, to obtain the re lease and repossession of the property, condi tioned to redeliver the property to the officer or pay him its value in case the levy or attach ment is adjudged good. See Drake v. Sworts, 24 Or. 198, 33 Pac. 563. REDEMPTIO OPERIS. Lat In Ro man law, a contract for the hiring or letting of services, or for the performance of a certain work in consideration of the pay ment of a stipulated price. It is the same contract as "locatio operis" but regarded from the standpoint of the one who is to do the work, and who is called "redemptor operis," while the hirer is called "locator operis." See Mackeld. Rom. Law, § 408. REDEMISE. A regranting of land de mised or leased.