equitable mortgage
equitable mortgage see mortgage

Merriam-Webster’s Dictionary of Law. . 1996.

equitable mortgage
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • equitable mortgage — ➔ mortgage1 * * * equitable mortgage UK US noun [C] PROPERTY, LAW ► a mortgage that does not satisfy all the conditions of a legal mortgage, but means the lender must use a court of law to get possession of the property if the loan is not paid… …   Financial and business terms

  • equitable mortgage — An instrument not effective as a mortgage at law but regarded as a mortgage and given the effect of a mortgage in equity, the same as if a mortgage in due form had been executed, under various circumstances, such as the reservation of alien on… …   Ballentine's law dictionary

  • equitable mortgage — noun : a conveyance of or right in property such that it will be treated as a mortgage in equity though not constituting a common law mortgage (as a deposit of title deeds with a creditor in England or a conveyance nominally absolute but intended …   Useful english dictionary

  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

  • equitable — eq·ui·ta·ble / e kwi tə bəl/ adj 1: having or exhibiting equity: dealing fairly and equally shall allocate...appropriations in an equitable manner U.S. Code 2: existing or valid in equity or as a matter of equity as distinguished from law an… …   Law dictionary

  • Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see …   Wikipedia

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • Mortgage Law — Types of mortgage Under the Law of Property Act (1925), which governs mortgage regulations in the UK, there are two types of mortgage, legal and equitable. A legal mortgage confers a legal estate on the mortgagee (lender). Under the 1925 Act, the …   Big dictionary of business and management

  • Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… …   Wikipedia

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