Further Advance Or Charge - Law Dictionary Search Results
Further advance, or charge
Matched in: Term Further advance, or charge
Puisne mortgage
by a prior mortgagee if that mortgagee has not seen the register at the date of the first advance or has no other actual or direct notice. See TACKING. Under the transitional provisions of the Law of Property … meant a mortgage sub-sequent to the mortgage of a legal estate, but for the purposes of the Land Charges Act, 1925, s. 10 (1) (Class C.), it is enacted that 'puisne mortgage' means any legal mortgage (including
Mortgage
the transfer of an interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or further debt. Or the performance of an … the one or the liquidation of the other. the debtor, or borrower, is then the mortgagor, who has charged or transferred his property in favour of or to the creditor or lender, who thus becomes the mortgagee.
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Notice
been abolished by s. 94 of the (English) Law of Property Act, 1925, except in regard to further advances under the statutory conditions (see FURTHER ADVANCES; MORT-GAGES). Notice of a memorandum relating to restrictive covenants or easements … case was decided has become statutory under the (English) Law of Property Act, 1925, and the (English) Land Charges Act, 1925. See s. 199 of the Law of Property Act, 1925, sub tit. CONSTRUCTIVE NOTICE, and see
Yorkshire Registry Act, 1884
local deeds registry unless the instrument operates to transfer or create a legal estate or to create a charge thereon by way of legal mortgage; nor shall registration of a memorial of any instrument not required to … Acts, s. 94; (English) Law of Property Act, 1925 (much to the same effect) (see TACKING and FURTHER ADVANCES), may not perhaps apply to the Yorkshire Registries, as s. 16 of the Yorkshire Registry Act, 1884, has
Equity of redemption
disadvant-ages attended this species of security:- A prior mortgagee might be postponed to a subsequent mortgagee, who, having advanced his money without notice of such prior mortgage, afterwards acquired the legal estate. See TACKING, which, though abolished … in a local registry, now rank in priority, according to the date of registration under the (English) Land Charges Act, 1925 [see s. 97, (English) Law of Properties Act, 1925), and not of their creation, and similar
interest
well-being of a person often used in pl. [does not serve the child's best s] 5 : a charge for the use of another's money that is usually a percentage of the money being used [an account … 1 a : the general welfare and rights of the public that are to be recognized, protected, and advanced [the attorney general has standing as a representative of the public interest] b : a specific public benefit
Pawnbroker
for the purchase or sale of goods or chattels and who purchases goods or chattels and pays or advances thereon any sum of money, with or under an agreement or understanding expressed or implied that the goods … amending Acts, is repealed, and the statute law of the subject consolidated. Sch. IV., dealing with profits and charges, has been amended by the (English) Pawnbrokers Act, 1922, in respect of loans not exceeding 40s. By s.
Apportionment
whole of the quarter's rent was lost to him. The Act does not apply to rent payable in advance, annuities, dividends, and other payments in the nature of income which have accrued due before the happening of … to a lease is taken under the Act. Rentcharges.--A rentcharge issues out of every part of the land charged and, as a rule, the burden is not apportionable unless the owner of the charge consents, or is
Infant
Equity, enter, except such as now by law are voidable. 2. No action shall be brought whereby to charge any person upon any promise made after full age to pay any debt contracted during infancy, or upon … marry, are excluded from the distribution of the residuary estate of an intestate but the statutory powers of advancement and provisions relating to maintenance and accumula-tion of income are to apply, and infants may be permitted to
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