Equity - Law Dictionary Search Results
seller take back
second mortgage financing. These are often combined with an assumed mortgage instead of a portion of the seller's equity. Source: U.S. Department of Housing and Urban Development
shareholder
a share in a fund (as a mutual fund) or property ;esp : stockholder see also derivative action, equity, proxy contest share·hold·ing adj or n
trust
similar to a closed-end investment company except that it invests in real estate either as an owner having equity in the property or as a lender holding mortgages on the property resulting trust : an implied trust
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undue influence
another's choice or desire for the person's own compare coercion, duress, necessity NOTE: It is a doctrine of equity that a contract, deed, donation, or testamentary disposition can be set aside if the court finds that someone
use
que use analogous to a beneficial interest in a trust : use re·sult·ing use : a use that equity attributes back to a grantor when there is no person declared to receive it or no transfer of
wrong
rights of another ;esp : tort 2 : something (as conduct, practices, or qualities) contrary to justice, goodness, equity, or law [the difference between right and ] vt : to do a wrong to : treat with
Casuistry
by rules and principles drawn from the Scriptures from the laws of society or the church or from equity and natural reason the application of general moral rules to particular cases
Chancellor
A judicial court of chancery which in England and in the United States is distinctively a court with equity jurisdiction
Equitable
Possessing or exhibiting equity according to natural right or natural justice marked by a due consideration for what is fair unbiased or
lien
: a lien against property that does not require possession of the property and that is available in equity to prevent unjust enrichment factor's lien : a lien against property held on consignment by a factor conferring
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