Second Mortgage - Law Dictionary Search Results
second mortgage
Matched in: Term second mortgage
Reinscription
Reinscription, A second or renewed recordation of a mortgage or other title document, Black's Law Dictionary, 7th Edn., p. 1290.
mortgage
Matched in: Term mortgage
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Tacking
third mortgagee buys in the first mortgage, though it be pendente lite, pending a bill brought by the second mortgagee to redeem the first, yet the third mortgagee having obtained the first mortgage and got the law
Clandestine mortgages
thereof, to any person, the former mortgage being in force, and shall not discover in writing to the second mortgagee the first mortgage, such mortgagor so again mortgaging his lands shall have no relief or equity of
Title, Covenants for
see David v. Sabin, (1893) 1 Ch 523:- (A) In a conveyance for valuable consideration other than a mortgage by a person expressed to convey as beneficial owner:-That, notwithstanding anything done, omitted, etc., by the person conveying, … 45 Vict. c. 41), replaced and extended by the (English) Law of Property Act, 1925, s. 76, and 2nd Sch., but in the following cases A and B the covenants are limited, while in cases C and
Mortgage
Matched in: Term Mortgage
seller take back
seller take back an agreement where the owner of a property provides second mortgage financing. These are often combined with an assumed mortgage instead of a portion of the seller's equity. Source:
Stellionate
man should sell as his own estate that which is another's. In the Roman law, the making a second mortgage without giving notice of the first; but the crime was not committed if the land were equal in
Abstract of title
WN 100. For other instances, see L. P. Act, 1925, s. 45, and Wolstenholme and Cherry, Conv. Acts, 2nd ed., p. 302. Upon a sale or mortgage, the solicitor of the vendor prepares the abstract at his
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