Redemption - Law Dictionary Search Results
redemptioner
redemptioner : one that redeems ;specif : one that redeems real property under equity of redemption or right of
foreclosure
foreclosure 1 : a legal proceeding that bars or extinguishes a mortgagor's equity of redemption in mortgaged real property see also deficiency judgment at judgment, redeem, right of redemption, statutory foreclosure, strict foreclosure
Foreclosure
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 of mortgages is one of the matters assigned
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Redeem
something (as real property), Hausman v. Dayton, 653 NE 2d. 1190 (1995). Means to exercise an equity to redemption in (real property) by payment in full of a mortgage debt after default but prior to a foreclosure
Marshalling
of several properties has mortgaged them to the same person and afterwards deals separately with the equity of redemption in one or more of the properties either by way of mortgage of otherwise, the person or persons
Originating summons
estate or 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.
Pawn or Pledge
goods be not redeemed at the stipulated time, the title becomes absolute at law although equity allows a redemption. But in a pledge, a special property only passes to the pledgee, the general property remaining in the
Power
estate was devised, and a statutory power to sell estates, as in the instance of the Land Tax Redemption Acts, are both Common Law authorities. The estate passed by force of the will or passes by force
Rachetum
Rachetum [fr. redimo, Lat.], the compensation or redemption of a thief.
Ransom
Ransom [fr. rancon, Fr.], the price of redemption of a captive or prisoner of war, or for the pardon of some great offence. It differs from
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