Mortgage - Law Dictionary Search Results
Registration of title of land
charge is simple; (d) subject to the statutory provisions, registration guarantees the title to purchasers for value and mortgagees. It should be observed that mines and minerals which have been excepted from a grant of land are
Rent
in money or money's worth, reserved or issuing out of or charged upon land, but does not include mortgage interest; 'rent-charge' includes a fee farm rent. Rent-seck, rents of assize, and chief rents, to which the Common
Security
or promissory note or guarantee, or even a mere pledge of something of no intrinsic value, to a mortgage of property from out of which the money can be realised, AIR 1963 Ker 128 (134). (T.P. Act,
Keep your definitions linked to case research
Assumption clause
Assumption clause, means a mortgage provision that prohibits another from assuming the mortgage without the permission of the mortgagee. A provision by which
Attendant term
upon the inheritance, was this: If it had at any time appeared that prior to the purchase or mortgage, but posterior to the creation of the term, there had been an intermediate alienation or incumbrance of the
originate
originate -nat·ed -nat·ing vt : to give rise to ;specif : to issue (a mortgage loan) usually for subsequent sale in a pool of mortgage loans to a secondary market compare service vi
Apportionment
charge. These powers have now become statutory and certain covenants are implied in a conveyance (other than a mortgage) or lease (other than a mortgage) of the land charged with or without legal apportionment of which the
annual percentage rate (apr)
the annual percentage rate, it provides consumers with a good basis for comparing the cost of loans, including mortgage plans. APR is a higher rate than the simple interest of the mortgage. Source: U.S. Department of Housing
arm
arm Adjustable Rate Mortgage; a mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase or decrease
Antecedent debt
fact as well as in time, i.e., the debt must be truly independent and not part of the mortgage which is impeached. In other words, the prior debt must be independent of the debt for which the
- ‹ Prev
- 8
- 9
- 10
- 11
- 12
- 14
- 15
- 16
- 17
- 18
- Next ›
- Last »
Try the research workspace - 7 days free