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Mortgage - Law Dictionary Search Results

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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,

Originating summons

trust; for settling questions between vendors and purchasers (see VENDOR AND PURCHASER SUMMONS); for foreclosure or redemption of mortgages; for determining questions of construction of a written instrument, and for numerous other purposes; see R.S.C. 1883, Ords.

Sale by the court

instance, in administration suits, also, under (English) Admin. of Estates Act, 1925, s. 38, or actions to enforce mortgages. After an order has been made for sale, the further proceedings take place before the Master in Chambers.

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Sale of Goods Act, 1893

bid himself or employ any person to bid'; savings for bankruptcy rules, common law rules, bills of sale, mortgages, and landlord's right of hypothec in Scotland are contained, and twenty-three definitions are given. Definitions.--These are provided by

Searches

REGISTRATION) except for the local land charges, which are not covered by this Act. Searches against companies for mortgages or charges for securing money may be made at Somerset House under the (English) Companies Act, 1929, s.

Specialty debts

Specialty debts, bonds mortgages, debts, secured by writing under seal, and recoverable at anytime within twenty years, by virtue of s. 3

Chancery

estates of deceased persons, dissolutions of partnerships, or taking of partnership or other accounts; redemption and foreclosure of mortgages, raising of portions or other charges on land; sale and distribution of proceeds of property subject to a

Charge

discharged. To prefer an accusation against any one. A burden, duty, or trust, when attached to property; see MORTGAGES AND CHARGES, DEBENTURE, LAND CHARGES, ADMINISTRATION, REGISTRATION OF LAND. Includes any head of charge when the charge contains

stripped mbs (smbs)

mbs (smbs) securities created by "stripping" or separating the principal and interest payments from the underlying pool of mortgages into two classes of securities, with each receiving a different proportion of the principal and interest payments. Source:

Building societies

and its members. The form and operation of receipts by building societies for moneys paid on redemption of mortgages in England and Wales is now governed by s. 115 of the (English) L.P. Act, 1925. See Wurtzburg

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