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SourceLaw Dictionary Browse Letter R

Redeem

Legal definition for Indian law research

Definition

Redeem, means to exchange for something (as real property), Hausman v. Dayton, 653 NE 2d. 1190 (1995).

Means to exercise an equity to redemption in (real property) by payment in full of a mortgage debt after default but prior to a foreclosure becoming effective, Bowery Sav Bank v. Harbert Offset Corp., 558 NYS 2d 821 (1990).

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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