Mortgage - Law Dictionary Search Results
Encumbrance
Utilization Act, 1973 (18 of 1974), s. 3] Encumbrance, means a liability which burdens the property, for ex-lease mortgage, easement restriction, covenant, rent charge etc., Business India Builders & Developers Ltd. v. Union Bank of India, AIR
Equitable estates and interests
assignment which does not by law transfer or vest the legal estate or ownership in the transferee, by mortgage or charge, and whenever a trust arises, either express, constructive, implied or by operation of law. In theory
Financial asset
debt or receivables or part thereof, whether secured or unsecured; or (ii) any debt or receivables secured by, mortgage of, or charge on, immovable property; or (iii) a mortgage, charge, hypothecation or pledge of movable property; or
Keep your definitions linked to case research
If the controller is satisfied
is satisfied' do not have any special significance. An ordinarily Civil Court try-ing a suit either on a mortgage or on a promissory note has necessarily to be satisfied about the execu-tion of the document, the passing
Stellionate
should sell as his own estate that which is another's. In the Roman law, the making a second mortgage without giving notice of the first; but the crime was not committed if the land were equal in
Law of Property Act, 1925 (English)
same piece of land or incorporeal hereditament; for instance, land may be held in fee simple, leased and mortgaged at the same time. all other estate and interests inland are reduced to equitable interests. All mortgages of
Mortuum vadium
Mortuum vadium, a deed pledge or mortgage. See MORTGAGE.
Portion
settle a long term of years from or out of the real estate upon trust to sell or mortgage the term in order to provide the portions when they became payable. See SATISFIED TERM; ATTENDANT TERM. This
Priority
a memorandum on the trust instrument are provided by the section, see Dearle v. Hall. In regard to mortgages: before 1926, puisne mort-gagees to whom the equity of redemption was conveyed in succession obtained priority by the
Redemption
of a loan (see FUNDS). The term is used especially with reference to the paying off of a mortgage debt. An action of redemption is a suit brought to compel the mortgagee to recover the property to
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