That seems to be about caveat emptor -
buyer be warned. Thanks for the definition. Thinking about it, what came to mind is about recordation - post 1933.
http://www.jstor.org/sici?sici=0042-...2.0.CO%3B2 -T
It looks like you might just be sharing an interesting definition. We will see where the thread goes.
Regards,
David Merrill.