First Lien - Law Dictionary Search Results

creditor

creditor : a creditor who is not secured by a lien or other security interest called also unsecured creditor judgment creditor

property

estate 2 : property acquired after the perfection of a lien or security interest ;esp : such property acquired after the

Constructive trust

upon certain acts of parties. It arises upon a vendor's lien or charge upon land sold for unpaid purchase money, and

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by the instrument of conveyance made on or after the 1st January, 1882, and in regard to assents by personal representatives, … In a conveyance by way of mortgage (including charge or lien) of freehold property subject to rent or leasehold property by

Limitation of actions and prosecutions

of actions and prosecutions. By various statutes, of which the first was 21 Jac. 1, c. 16, the (English) Limitation Act, … means which may be still available, such as enforcing a lien, subsequent acknowledgment by the debtor or appropriation of payments, but

Equitable mortgage

fee simple or for a term of years, and the first and subsequent mortgagees out of that estate each have a … agreement only to make a mortgage, which creates an equitable lien on the land. (5) Where a debtor deposits the title-deeds

bond

government body or corporation that is sometimes secured by a lien on property and is often designed to take care of

sale

resulting from nonpayment of taxes by the owner compare tax lien at lien b : a contract for selling or disposing

hearing

preliminary hearing : a hearing held after a criminal defendant's first appearance in court esp. for the purpose of determining whether … of the debtor's property in which a creditor claims a lien or security interest Wade hearing [wād-] : a hearing in

Joint-tenancy

titles existing before 1926, and to equitable interests only after 1st January, 1926. When an estate is granted to two or … improvement of the estate, he will have a claim or lien on the estate for the amount of such money. (3)

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