Equity Security - Law Dictionary Search Results
equity security
Matched in: Term equity security
equity financing
Matched in: Term equity financing
Equity of redemption
Matched in: Term Equity of redemption
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Lien
been unlawfully dispossessed of it. A lien does not import a right of sale. Sometimes a Court of Equity has decreed a sale as a part of its own system of remedial justice; and Courts of Admiralty … from which possessory liens are exempt. Instances of equitable liens are vendor's lien (q.v.); partner's lien on partnership assets; trustee's lien for costs, charges and expenses; and other instances, where equity allows a lien. As to maritime
mortgage
have the form of a mortgage but is given the effect of a mortgage by a court of equity because the parties intended it to be a mortgage first mortgage : a mortgage that has priority over … mortgage [Anglo-French, from Old French, from mort dead (from Latin mortuus) + gage security] 1 a : a conveyance of title to property that is given to secure an obligation (as a
Mortgage
interest and expenses, at any period within twelve (formerly twenty) years after the last recognition of the mortgage security by the mortgagee; and this because equity deems the non-compliance with the proviso for redemption a penalty, against … the property has been sold under powers to satisfy the debt, it is redeemable in a Court of Equity upon payment of the debt or loan, with interest and expenses, at any period within twelve (formerly twenty)
Priority
by the section, see Dearle v. Hall. In regard to mortgages: before 1926, puisne mort-gagees to whom the equity of redemption was conveyed in succession obtained priority by the order in date of their mortgages, subject to … By possession of the documents of title subject, presumably, to notice, actual or constructive, of equities affecting the security. (b) By date of registration at the Red Lion Square office under the (English) Land Charges Act, 1925,
security
Matched in: Term security
Joint-tenancy
which are the following: (1) If two join in lending money on mortgage, though they take a joint security, yet equity holds that it could never have been intended that their interests should survive, the fair presumption … may be read where the context to admits as referring to the incidents, both at law and in equity, in regard to all titles existing before 1926, and to equitable interests only after 1st January, 1926. When
Further advance, or charge
a mortgagee, either upon the same security as the original loan was advanced upon, or an additional security, Equity considers the arrears of interest on a mortgagee security converted into principal, by agreement between the parties, as
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