Second Mortgage - Law Dictionary Search Results

Advowson

'presentative advowson' may be partly appendant and partly in gross; thus, when the owner grants to another every second presentment, for then the advowson will be appendant for the grantor's turn, and in gross for that of … can never again become appendant. But should an advowson be disappended conditionally, as in the case of a mortgage, it will reunite when the loan is repaid. So, if the advowson be excepted in a lease of