Collateral Proceeding - Law Dictionary Search Results
Limitation of actions and prosecutions
except in the case of mortgage debts which are now barred after twelve years, whether by covenant or collateral bond, by the R.P. Act, 1874, s. 8. See (English) CPC, 1833 (3 & 4 Will. 4, c. … fixed within which, upon the principle Interest reipublic' ut sit finis litium, particular actions must be brought or proceedings taken. In the case of simple contract the remedy on the contract is barred, leaving the creditor free
Recovery
a fee-simple and so barred the entail, and all remainders and reversions expectant there-on, with all conditions and collateral limitations annexed to them, and subsequent charges sub-ordinate to the entail. But incumbrances on the estate-tail equally affected … right to suffer a common recovery was considered as an incident of an estate-tail. In later times the proceedings became more complicated; it was found inexpedient that the action should be brought against the tenant-in-tail himself, and
interest
an easement does not. purchase money security interest 1 : the security interest held by the seller of collateral to secure payment of all or part of the price 2 : the security interest of a person … a particular situation or thing [no person will be deprived of his s in the absence of a proceeding in which he may present his case "Marshall v. Jerrico, Inc., 446 U.S. 238 (1980)"] liberty interest :
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Pawn or Pledge
to sue for the whole debt or other engagement without selling the pawn, for it is only a collateral security. A pawnee cannot become the purchaser at the sale. A pledgee cannot alienate the property absolutely, nor … engagement. He might have filed a bill in equity against the pledgor for a sale, or he may proceed to sell ex mero motu, upon giving due notice of his intention to the pledgor. If several things
strict foreclosure
any right of the mortgagor to redeem compare statutory foreclosure 2 : the acceptance by a creditor of collateral as discharge of an obligation which under the Uniform Commercial Code denies the creditor the right to a … strict foreclosure 1 : a proceeding in which the amount due on a mortgage is determined and a period of time within which it
Representation
misrepresentation is innocent. If made at the time of sale of personal chattels, 'it is a warranty' (or collateral contract), 'provided it appears to have been so intended', Pasley v. Freeman (1789) 3 TR 634, and in … telegrams, copies of resolutions are treated as representation and considered by the Petitions Committee, representations relating to the proceedings in the House or conduct of member are also considered by Petitions Committee Practice and Procedures of Parliament,
bond
bond : a bond (as an appeal bond or bail bond) required to be given in a court proceeding license bond : a surety bond required by law or as a condition to the conduct of a … a lien on property and is often designed to take care of a particular financial need see also collateralized mortgage obligation accrual bond : a bond that is usually the last tranche of a collateralized mortgage obligation
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