Strict Foreclosure - Law Dictionary Search Results
Home Dictionary Name: strict foreclosurestrict foreclosure
a deficiency judgment note under the u c c s strict foreclosure provision notice must be given to other parties having … parties objects to the strict foreclosure there must be a foreclosure sale instead in some states deficiency judgments are allowed in
foreclosure
by judicial proceedings and esp by judicial sale see also strict foreclosure … judgment at judgment redeem right of redemption statutory foreclosure strict foreclosure 2 the extinguishment as under the provisions of article 9
statutory foreclosure
trust and does so in accordance with statutory provisions compare strict foreclosure … statutory foreclosure a foreclosure in which a mortgagee or trustee executes a power of
Foreclosure
to obtain an order for sale instead of redemption or foreclosure see ss 88 and 89 of the english l p
pre-foreclosure sale
sell the mortgaged property to satisfy the loan and avoid foreclosure source u s department of housing and urban development
foreclosure sale
foreclosure sale see sale
strict
strict 1 characterized by narrowness not demonstrating a broad or liberal
Conditio beneficialis, qu' statum construit, benigne secundum verborum intentionem est interpretanda; odiosa autem qu' statum destruit, stricte secundum verborum proprietatem accipienda
destroys an estate is odious and ought to be construed strictly according to the letter of the words
Locus pro solutione reditus aut pecunia secundum conditionem dimissionis aut obligationis est stricte observandus
for the payment of rent or money is to be strictly observed
Strict settlement
the case might have required for the modern method of strict settlement see settled land consult key and elphinstone or prideaux
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