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Arrearage - Law Dictionary Search Results

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arrearage

Matched in: Term arrearage

Arrears, or Arrearages

Arrears, or Arrearages, money unpaid at the due time: as rent behind; the remainder due after payment of a part of

distress

of the goods seized ;specif : seizure by a landlord of a tenant's property to obtain satisfaction of arrearages in rent NOTE: Distress is regulated by statute where available. It has been held unconstitutional by some courts.

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Adequate assurance

the posting of a bond or a showing that the debtor will generate sufficient income to pay any arrearages and future payment obligations, Black Law Dictionary, 7th Edn., p. 40.

Riens in arrear

Riens in arrear, a plea which was used in an action for debt for arrearages of account, whereby the defendant alleged that there was nothing in arrear. See STATEMENT OF DEFENCE.

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