Foreclosure - Law Dictionary Search Results
reinstatement period
reinstatement period a phase of the foreclosure process where the homeowner has an opportunity to stop the
Merger
88 of the (English) Law of Property Act, 1925, a foreclosure by a mortgagee will merge the mortgage term into and
Under-lease
the proviso for re-entry in the lease. As to realization, foreclosure, and retention by mortgagees under the Statute of Limitations, see
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Step in aid of execution of the decree
the appellant) to execute and reap the fruit of the foreclosure decree and the other (namely, the respondent, judgment-debtor's son) seeking
Redeem
of a mortgage debt after default but prior to a foreclosure becoming effective, Bowery Sav Bank v. Harbert Offset Corp., 558
workout
a problem of indebtedness esp. in lieu of bankruptcy or foreclosure proceedings
Originating summons
between vendors and purchasers (see VENDOR AND PURCHASER SUMMONS); for foreclosure or redemption of mortgages; for determining questions of construction of
Equitable mortgage
or claim in Equity, either for a legal mortgage, a foreclosure and conveyance, or a sale; and may now bring an
Chancery
partnerships, or taking of partnership or other accounts; redemption and foreclosure of mortgages, raising of portions or other charges on land;
Foreclosure
The act or process of foreclosing a proceeding which bars or extinguishes a mortgagers right of redeeming a mortgaged estate
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