Mortgage - Law Dictionary Search Results
equity of redemption
equity of redemption 1 : the right of a defaulting mortgagor to redeem the mortgaged property before an absolute foreclosure 2 : the interest or estate remaining to a mortgagor in mortgaged property
Foreclosure
The act or process of foreclosing a proceeding which bars or extinguishes a mortgagers right of redeeming a mortgaged estate
Tenants' Compensation Act, 1890
1 and 4 (2). At Common Law a mortgagor, and therefore any tenant of his becoming such after mortgage with-out concurrence of the mortgagee, is a mere tres-passer, liable to ejectment without notice, and so liable to
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Third possessor
Third possessor, means a person who acquires mortgaged property but is not personally bound by the obligation secured by the mortgage, Black's Law Dictionary, 7th Edn.,
County Courts
legtees for administration of the estate of a deceased person,or for execution of trusts,or for redemption of a mortgage, or for specific performance of an agreement for sale or lease of property, or under the (English) Trustee
Amortisation
Amortisation, means the act or result of gradually extinguishing a debt, such as a mortgage, usually by contributing payment of principal each time a periodic interest payment is due, Black Law Dictionary, 7th
Antichresis
the fruits of the ground were not alienated, which was called VIF-gage, i.e., vivum vadium. The obsolete Welsh mortgage bears a resemblance to this kind of pledge, I Domat, b. iii. Tit. I. s. i art. 28;
Assurances
1888, which regulates assurances of land to charitable uses, as including 'a gift, conveyance, appointment, lease, transfer, settlement, mortgage charge, incumbrance devise, bequest, and every other assurance by deed, will, or other instrument.' For other definitions see
Baibulwafa
Baibulwafa, is a deed of conditional sale with a contract of purchase and not a mortgage with conditional sale, Tulsi v. Chandrika Prasad, (2006) 8 SCC 322.
Borrower
granted financial assistance by any bank or financial institution or who has given any guarantee or created any mortgage or pledge as security for the financial assistance granted by any bank or financial institution and includes a
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