Conventional Mortgage - Law Dictionary Search Results
conventional mortgage
Matched in: Term conventional mortgage
mortgage
Matched in: Term mortgage
mortgage insurance
Matched in: Term mortgage insurance
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fha
occur when a borrower defaults; this encourages lenders to make loans to borrowers who might not qualify for conventional mortgages. Source: U.S. Department of Housing and Urban Development … fha Federal Housing Administration; established in 1934 to advance homeownership opportunities for all Americans; assists homebuyers by providing mortgage insurance to lenders to cover most losses that may occur when a borrower defaults; this encourages lenders to
Right to receive
not when the charge is granted, but when the future event occurs. Thus, in the case of a conventional mortgage, the charge is immediately effective but the right to receive the sum secured does not accrue until the
Estate
or special, (ii.) male or female, (iii.) given in frank-marriage. (B) Freeholds not of inheritance, sub-divided into-- (a) Conventional, or created by the act of the parties; they are (a) estates for one's own life, (b) estates … estates existing concurrently with each other, thus the absolute ownership or fee simple may be leased and sub-leased, mortgaged and charged, each of the holders of these estates having a good legal or equitable estate at the
Antichresis
the fruits of the ground were not alienated, which was called VIF-gage, i.e., vivum vadium. The obsolete Welsh mortgage bears a resemblance to this kind of pledge, I Domat, b. iii. Tit. I. s. i art. 28; … Antichresis [fr. avtlxpnois, Gk.], in the Civil Law a covenant or convention whereby a person borrowing money of another engages or makes over his lands or goods to the creditor,
Deposit
whom has a different and adverse interest in controversy touching it; and these last are of two sorts, conventional, or such as are made by the mere agreement of the parties, without any judicial act; and judicial, … deposit of title-deeds as a security for the repayment of a borrowed sum of money constitutes an equitable mortgage which does not require registration to establish its validity or priority of effect, see LAND CHARGES; NOTICE; RESCISSION;
Covenant
the 2nd sched. Of the (English) L.P. Act, 1925, as to covenants implied in a conveyance (not a mortgage) for value of land subject to a rent charge or an assignment for value of a lease similarly … Covenant [fr. Covenant, Fr.], any agreement, convention, or promise of two or more parties, by deed in writing, signed, sealed, and delivered, by which either
Insurance
policy. Every line, and almost every word of it, has been judicially construed, and has now acquired a conventional meaning--Chalmers and Owen on Marine Insurance. The policy is very badly drawn, and has more than once been … covenants in a lease, see (English) Law of Property Act, 1925, s. 146, and FORFEITURE. For insurances under mortgages, see that Act, ss. 101, 108. Life Insurance. A risk in respect of the life of a human
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