Specific Lien - Law Dictionary Search Results
specific lien
Matched in: Term specific lien
lien
Matched in: Term lien
Lien
Matched in: Term Lien
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bond
interest debenture bond : a bond backed by the general credit of the issuer rather than by a specific lien on particular assets : debenture discount bond : a bond with a market value lower than its face
inchoate
inchoate 1 a : not yet made complete, certain, or specific : not perfected see also inchoate lien at lien b : not yet transformed into actual use or
postpone
a later time 2 : to place later in precedence, preference, or importance ;specif : to subordinate (a lien) to a later lien post·pon·able adj post·pone·ment n
encumbrance
encumbrance also in·cum·brance [in-kəm-brəns] n : a claim (as a lien) against property ;specif : an interest or right (as an easement or a lease) in real property that
right of redemption
right of redemption :the right to regain ownership of property by freeing it from a debt, charge, or lien (as by paying to the creditor what is due to release the secured property) ;specif : a mortgagor's
secured debt
a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages, auto loans and tax liens. Source: Administrative Office of the
Chancery
or charge; execution of trusts, charitable or private; rectification, setting aside, or cancelling deeds or other written instruments; specific performance of contracts between vendors and purchasers of real estates, including contracts for leases; partition or sale of … raising of portions or other charges on land; sale and distribution of proceeds of property subject to a lien or charge; execution of trusts, charitable or private; rectification, setting aside, or cancelling deeds or other written instruments;
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