Voidable Contract - Law Dictionary Search Results

Homologation

Homologation, the express or implied ratification of a deed or contract that is defective or voidable, Bell's Law Dict.; Green's Encyc. of Scots Law.

under the law if they were performed while under duress. For example, a contract made under duress is voidable by the coerced party. Similarly, a will signed under duress is invalid. Duress may also be used to

standard mortgage clause

the insurer and mortgagee under which the mortgagee can collect payment even if the policy is void or voidable with regard to the insured (as because of fraud or nonpayment) called also union mortgage clause … standard mortgage clause : a mortgage clause that is usually considered to form a separate contract between the insurer and mortgagee under which the mortgagee can collect payment even if the policy is void

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