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Mortgage - Law Dictionary Search Results

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Collateral

tried by a jury instanter; collateral security, where a deed is made of other property, besides that already mortgaged, for the better safety of the mortgagee (see Re Athill, (1880) 16 Ch D 211) or a bill

Contract for sale of land

also the expenses of production of material documents in his possession or in that of his trustees an mortgagees. The expenses of production for verification of those which are not in such possession are to be borne

Contracting out of a statute

which provides for relief against the forfeiture of a lease; and also ss. 95 and 96 as to mortgages which exclude contracting out, whereas s. 93 (1) allows it. Again, s. 9 of the (English) Landlord and

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Conveyancing Acts (English)

without modification in every important conveyance of land. The Act of 1881 related inter alia to contracts, conveyances, mortgages, leases, dispositions by married women, or on behalf of infants or other persons under incapacity.

Eik

Eik to a reversion, an additional loan to a wadsetter (or mortgagor), who is the reversioner of the mortgaged estate; also to a testament, an addition to an inventory made up by an executor, Scots term.

Expectant heir

accustomed to interfere between lender and borrower in these cases, and to set aside as 'unconscionable bargains' those mortgages of reversionary interests or other contracts of sale or loan in which the distress of the expectant heir

Manager

conductor, or director. As to the appointment of a manager of a business at the instance of a mortgagee, see Coote on Mortgages. As to managers appointed by debenture holders, see (English) Companies Act, 1929, s. 86,

Funds, public

This discharge was rarely effected. The public exigencies still continuing, the loans were continued, or the taxes again mortgaged for fresh ones. At length the practice of borrowing for a fixed period, or, as it is called,

Heriot

been within the manor, Western v. Bailey, (1897) 1 QB 86; but if a customary freehold tenement is mortgaged, and the mort-gagor being in possession dies, the heriot is not due because he had no legal seisin

Insurance

covenants in a lease, see (English) Law of Property Act, 1925, s. 146, and FORFEITURE. For insurances under mortgages, see that Act, ss. 101, 108. Life Insurance. A risk in respect of the life of a human

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