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Chapter 6 - Sale

Published online by Cambridge University Press:  05 May 2014

Roger Bagnall
Affiliation:
New York University
Mark Depauw
Affiliation:
KU Leuven
Éva Jakab
Affiliation:
University of Szeged
J. G. Manning
Affiliation:
Yale University, Connecticut
T. Sebastian Richter
Affiliation:
Universität Leipzig
Uri Yiftach-Firanko
Affiliation:
Hebrew University of Jerusalem
James G. Keenan
Affiliation:
Loyola University, Chicago
J. G. Manning
Affiliation:
Yale University, Connecticut
Uri Yiftach-Firanko
Affiliation:
Hebrew University of Jerusalem
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Summary

Introduction

In the Egyptian legal tradition the private conveyance by sale was conceived of as an oral agreement between two parties, or two groups of parties, in the presence of witnesses. Property rights were well developed in ancient Egypt before the Ptolemaic period. In order for a person to convey title to a piece of property, an equivalent value had to be exchanged. Thus the Demotic “sale contract” was termed a “document in exchange for silver” (above, 2.2). This basic idea was valid for other types of conveyances, and was at times merely fictional, i.e., an actual exchange of property for an equivalent value did not always occur.

This basic principle of Egyptian law, “notwendige Entgeltlichkeit” (“necessary remuneration”), is paralleled in other ancient Near Eastern traditions. If the surviving record is any guide, there was considerable evolution in the formalities of the written sale in ancient Egypt and, over time, an increase in the use of written instruments of sale. Most conveyances were probably accomplished orally and therefore without need of a document. Before the first millennium bc, most sales recorded in writing simple memorialized oral agreements and were rudimentary.

Type
Chapter
Information
Law and Legal Practice in Egypt from Alexander to the Arab Conquest
A Selection of Papyrological Sources in Translation, with Introductions and Commentary
, pp. 276 - 338
Publisher: Cambridge University Press
Print publication year: 2014

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