Tag: Partial

Concept of Partial Release in the context of Real Property A short definition of Partial Release: A release of a portion of property covered by a mortgage. A subdivider will obtain a partial release as each lot is sold, upon payment of an agreed upon amount. In areas where the subdivider is […]

Concept of Partial Release in the context of Real Property A short definition of Partial Release: A release of a portion of property covered by a mortgage. A subdivider will obtain a partial release as each lot is sold, upon payment of an agreed upon amount. In areas where the subdivider is […]

Concept of Partial Taking in the context of Real Property A short definition of Partial Taking: The taking of part of an owner’s property under the laws of eminent domain. Compensation must be based on damages or benefits to the remaining property, as well as the part taken.

Concept of Partial Claim in the context of Real Property A short definition of Partial Claim: A filing by a lender with the U.S. Department of Housing and Urban Development requesting a one time, interest free, payment from the FHA insurance fund to bring a mortgage in default current. If […]

Partial Reconveyance in the context of Real Property See: Partial Release in this legal Dictionary.

Concept of Partial Payment in the context of Real Property A short definition of Partial Payment: A payment less than the agreed upon amount that is due.

Concept of Partial Payment in the context of Real Property A short definition of Partial Payment: A payment less than the agreed upon amount that is due.