mortgagee in possession — A mortgagee of real property who is in possession of it with the agreement or assent of the mortgagor, express or implied, and in recognition of his mortgage and because of it, and under such circumstances as to make the satisfaction of his lien… … Black's law dictionary
mortgagee in possession — A mortgagee of real property who is in possession of it with the agreement or assent of the mortgagor, express or implied, and in recognition of his mortgage and because of it, and under such circumstances as to make the satisfaction of his lien… … Black's law dictionary
possession — pos·ses·sion /pə ze shən/ n 1: the act, fact, or condition of having control of something: as a: actual possession in this entry b: constructive possession in … Law dictionary
Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… … Wikipedia
Dimmock v Hallett — Court Court of Appeal in Chancery Date decided 13 November 1866 Citation(s) (1866 67) LR 2 Ch App 21 Case opinions Sir GJ Turner LJ and Sir HM Cairns LJ Dimmock v Hallett (1866 67) LR 2 Ch App 21 is an … Wikipedia
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
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
Michael Loch McGurk — For the Northern Ireland politician, see Michael McGurk. Michael Loch McGurk (1958[1] – 3 September 2009), an Australian businessman, was murdered by a single gunshot to his head outside his Cremorne, Sydney family home. Police are currently… … Wikipedia
Welsh mortgage — a special kind of mortgage, which has been used quite commonly in Ireland, under which the mortgagee takes possession of land as security for a loan. The mortgagee takes the rents and profits from the land in place of interest. The mortgagor has… … Law dictionary