First Mortgage - Law Dictionary Search Results
first mortgage
Matched in: Term first mortgage
mortgage
Matched in: Term mortgage
Equity of redemption
would be put on the principal title-deed, in order to avoid the risk of the mortgagor redeeming the first mortgage, and handing over the title-deeds to a person without notice of the mesne mortgage, who would thus have
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Notice
of s 10 of that Act created after 1888 or acquired after 1888, and not registered within the first year aftr conveyance; (2) land charges in Class B of the same s.; (3) in Class C of … Companies (Consolidation) Act, 1908, and now ss. 79-83, and 87 of the (English) Companies Act,1929, avoided an unregistered mortgage as against a subsequent registered incumbrancer, even with express notice. The principle on which this case was decided
Puisne mortgage
Matched in: Term Puisne mortgage
Marshalling
persons interested in the equities so dealt with are entitled, as against the mortgagor, to require that the first mortgage shall be paid off in the first place out of the property not so dealt with, or if
Mortgage
Matched in: Term Mortgage
Tacking
Tacking. Before 1926 the law was that, 'if a third mortgagee buys in the first mortgage, though it be pendente lite, pending a bill brought by the second mortgagee to redeem the first, yet … a bill brought by the second mortgagee to redeem the first, yet the third mortgagee having obtained the first mortgage and got the law on his side, and equal equity, he shall thereby squeeze out the second mortgagee',
Land charge
any person, if created or conveyed after 1925, and not being local land charges. Class C (i) every first and subsequent mortgage if created after 1925 or if created before 1926, acquired under a conveyance made after
Equitable mortgage
Matched in: Term Equitable mortgage
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