Legal Definition and Related Resources of Imperfect Mortgage

The term has been sometimes used to denote the legal title which a vendor holds under an unexecuted contract for the conveyance of land upon payment of the purchase money , in which case the vendor’s interest in the land is nothing more than a security ; but the security is said to be stronger than a mortgage , because the lega! title is retained as security. See Gessner v Palateer, 26 P. 789, 89 Cat. 89.

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Imperfect Mortgage in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Imperfect Mortgage in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Imperfect Mortgage in the Legal Abbreviations and Acronyms Dictionary.

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