legal right of redemption
1legal right of redemption — The right of a mortgagor, in a jurisdiction where a mortgage has the effect of vesting title in the mortgagee, to pay the mortgage debt and thus avoid the effect of the mortgage as a transfer of title. Stevens v Turlington, 186 NC 191, 119 SE 210 …
2Right Of Redemption — The legal right of any mortgagor or borrower who owns real estate to reclaim his or her property. Right of redemption gives property owners who pay off the back taxes or liens on their property the ability to prevent foreclosure or the auctioning …
3right of redemption — the legal right to regain ownership of property that one has formerly enjoyed by freeing it from a debt, charge, or lien, (as by paying to the creditor what is due to release the secured property) compare equity of redemption …
4redemption — re·demp·tion /ri demp shən/ n: the act, process, or fact of redeeming see also equity of redemption, right of redemption re·demp·tive / demp tiv/ adj Merriam Webster’s Dicti …
5right — / rīt/ n [Old English riht, from riht righteous] 1 a: qualities (as adherence to duty or obedience to lawful authority) that together constitute the ideal of moral propriety or merit moral approval b: something that is morally just able to… …
6Redemption in the Old Testament — • Strictly deliverance by payment of a price or ransom, or simply deliverance by power, as from oppression, violence, or captivity Catholic Encyclopedia. Kevin Knight. 2006. Redemption in the Old Testament Redemp …
7right — As a noun, and taken in an abstract sense, means justice, ethical correctness, or consonance with the rules of law or the principles of morals. In this signification it answers to one meaning of the Latin jus, and serves to indicate law in the… …
8Redemption (United States history) — Redemption, in the history of the United States, was a term used by white Southerners to refer to the reversion of the U.S. South to conservative Democratic Party rule after the period of Reconstruction (1865 1877), which in turn followed the U.S …
9LEGAL PERSON — LEGAL PERSON, a body of men or of property which the law, in imitation of the personality of human beings, treats artificially as subject of rights and duties independent of its component parts. The classic example of a legal person is the … …
10Redemption movement — Part of a series on Taxation Taxation in the United States …
