Redeemable - Law Dictionary Search Results
Suit for redemption
a suit for redemption is thus defined by this section as a suit for enforcement of right to redeem, and that right of redeem consists of the three reliefs which the mortgagor is entitled to under clauses
Re demption
The act of redeeming or the state of being redeemed repurchase ransom release rescue deliverance as the redemption of prisoners taken in
redemptioner
redemptioner : one that redeems ;specif : one that redeems real property under equity of redemption or right of redemption
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Silver certificate
not legal tender but is receivable for customs taxes and all public dues In the United States the redeemability in silver of silver certificates was discontinued in the 1970s they are still 1997 accepted as money at
Consolidation of mortgages
for different debts, it was formerly the right of the mortgagee to refuse to allow the mortgagor to redeem one of the mortgages without also redeeming the others, the effect being to throw the whole of the
Foreclosure
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 be extinguished by an order of the Court. The foreclosure
Redemptive
Serving or tending to redeem redeeming as the redemptive work of Christ
Equity of redemption
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 the condition as a
Welsh mortgage
Welsh mortgage (now rare), a conveyance of an estate redeemable at anytime by the mortgagor, on payment of the loan; the rents and profits of the estate being
Copyhold
given by the steward of the manor to every tenant admitted in or after 1888, rent-charges were made redeemable, limited owners of enfranchised land might charge the land with the money paid for the enfranchisement, and the
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