Redemptible - Law Dictionary Search Results

Redemption

Redemption, is the act of redeeming, which in its ordinary meaning is equal to bringing off a charge or

redemption : the act, process, or fact of redeeming see also equity of redemption, right of redemption re·demp·tive [-demp-tiv]

Serving or tending to redeem redeeming as the redemptive work of Christ

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Redemption

Equity of redemption. Before 1926 the equitable estate or interest left in a person after he had mortgaged his property. Now

Suit for redemption, a suit for redemption is thus defined by this section as a suit for enforcement of right to

Proviso for redemption. The condition in a conveyance upon mortgage whereby if the mortgagor pays to the mortgagee the principal, interest,

equity of redemption 1 : the right of a defaulting mortgagor to redeem the mortgaged property before an absolute foreclosure 2

right of redemption :the right to regain ownership of property by freeing it from a debt, charge, or lien (as by

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