Tag: Equity
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Equity Stake Mortgage
Equity Stake Mortgage in the context of Real Property See: Shared Appreciation Mortgage in this legal Dictionary.
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Equitable Right of Redemption
Equitable Right of Redemption in the context of Real Property See: Equity of Redemption in this legal Dictionary.
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Equity of Redemption
An estate in land and the person entitled to same is in equity the owner of the land. Clarke v Revburn, 8 Wall. 318, 19 L.Ed. 354. The right of a mortgagor , upon payment of the mortgage debt, to a reconveyance of the legal estate which was vested in the mortgagee by reason […]
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Equitable Mortgage
An equitable interest analagous to a legal mortgage and generally arises where the mortgage instrument is not effective as a mortgage at law. A transaction which vests a grantee – mortgagee with a right to bring action for foreclosure in the event that the obligation of […]
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Equity Sharing
Concept of Equity Sharing in the context of Real Property A short definition of Equity Sharing: A method of borrowing by giving the lender an ownership interest in the property. When the property is sold, the lender receives a portion of the profit in addition to repayment.
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Equity Sharing
Concept of Equity Sharing in the context of Real Property A short definition of Equity Sharing: A method of borrowing by giving the lender an ownership interest in the property. When the property is sold, the lender receives a portion of the profit in addition to repayment.
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Equitable Ownership
Concept of Equitable Ownership in the context of Real Property A short definition of Equitable Ownership: Ownership by one who does not have legal title, such as a vendee under a land contract or, technically, a trustor under a deed of trust (legal title being in the trustee). Also called […]
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Equitable Lien
A right of a special nature over a thing which constitutes a charge or ‘http://legaldictionary.lawin.org/incumbrance-encumbrance/> encumbrance on the thing, so that the very thing itself may be proceeded against in an equitable action . Farmers and Merchants Bank v […]
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Equitable Lien
A right of a special nature over a thing which constitutes a charge or ‘http://legaldictionary.lawin.org/incumbrance-encumbrance/> encumbrance on the thing, so that the very thing itself may be proceeded against in an equitable action . Farmers and Merchants Bank v […]
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Equity Dividend Rate
Equity Dividend Rate in the context of Real Property See: Cash-On-Cash in this legal Dictionary.
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Equitable Conversion
Based on the principle that equity regards that as done which ought to have been done, where nothing has intervened to prevent performance . The doctrine is applied in the administration of estates of a deceased testator , in the administration of trusts, etc. The court would […]
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Equity Participation
Equity Participation in the context of Real Property See: Participation in this legal Dictionary.
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Equity Purchaser
Concept of Equity Purchaser in the context of Real Property A short definition of Equity Purchaser: One who purchases the equity of another in real property, either assuming or taking subject to existing mortgages or deeds of trust.