Mortgagor - Law Dictionary Search Results
Mortgagor
Matched in: Term Mortgagor
mortgagor
Matched in: Term mortgagor
annual mortgagor statement
Matched in: Term annual mortgagor statement
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Mortgage
the repayment of the one or the liquidation of the other. the debtor, or borrower, is then the mortgagor, who has charged or transferred his property in favour of or to the creditor or lender, who thus
Equity of redemption
repayment of the loan within the strict time, is nevertheless compelled to reconvey the legal estate to the mortgagor, who applies to redeem it, on payment of the principal, interest, and costs, Equity treating the breach of
Foreclosure
Foreclosure. A mortgagee, or any person claiming an interest in the mortgage under him, can compel the mortgagor, after breach of the condition, to elect either to redeem the pledge or that his equity of redemption
English mortgage
English mortgage, Where the mortgagor binds him-self to repay the mortgage-money on a certain date, and transfers the mortgaged property absolutely to the
Regress, Lettrs of
Regress, Lettrs of. They were granted by the superior of lands mortgaged to the wadsettor or mortgagor. Their object was this: by the wadset or mortgage, the mortgagor was completely divested, and when he redeemed,
Law of Property Act, 1925 (English)
term, but each for a term taken out of the fee or original term which remains in the mortgagor and so that each sub-sequent mortgage overlaps the previous one and takes up some of the residue of
Waste
waste, as by ploughing up ancient meadow. See Woodfall, L. & T., and Aggs on Agricultural Holdings. A mortgagor in possession will be restrained from cutting down timber, for as the whole estate is the security for
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