equitable mortgage


Also found in: Legal.

equitable mortgage

The declaration by a court that an instrument by which one is to pay money to another and,as a result,receive title to real property when all payments have been completed is in reality a mortgage,and the parties will be treated as if they had all the rights and responsibilities of a mortgage relationship.The exception is if an innocent third party buys the property; then the equitable mortgagor—the person making the payments—cannot recover the property but may only sue the seller for damages.See also equitable lien.

Mentioned in ?
References in periodicals archive ?
Thus, in case of doubt, a contract purporting to be a sale with right of repurchase shall be construed as an equitable mortgage.
A contract of sale with right of repurchase shall be presumed to be an equitable mortgage when: (a) the price of a sale with right of repurchase is unusually inadequate; (b) the seller remains in possession as lessee or otherwise; (c) upon or after the expiration of the right to repurchase, another instrument extending the period of redemption or granting a new period is executed; (d) the buyer retains for himself a part of the purchase price; (e) the seller binds himself to pay the taxes on the thing sold; or (f) in any other case, it may be fairly inferred that the real intention of the parties is that the transaction shall secure the payment of a debt or the performance of any other obligation.
A shot at redemption
Fremont sued Thompson seeking an equitable mortgage on the residence or, in the alternative, damages for unjust enrichment.
Lender cannot obtain equitable mortgage against nonparty to loan agreement
The presence of any of the circumstances set forth therein suffices for a contract to be deemed an equitable mortgage. No concurrence or an overwhelming number is needed (Art.
Almost duped
Tenders are invited for Lot 3:- equitable mortgage of residential plot in the name of sh.
Lot 3:- Equitable Mortgage Of Residential Plot In The Name Of Sh. Devender Kumar Situated At Sheetal Nagar Jhajjar Road Mouja Sunaria Kalan Comprised In Khasra No. 359 Khatoni No. 426 Killa No. 43/1 8
Tenders are invited for Equitable mortgage of landed property along with building measuring an area of 11 dhur 13 dhurki under thana no-17,tauzi no-5237,khata no-165,c.s.plot no-1080 situated at equitable mortgage of landed property along with building measuring an area of 11 dhur 13 dhurki under thana no-17,tauzi no-5237,khata no-165,c.s.plot no- 1080 situated at mauza-chitkohra,p.s.-gardanibagh,sub & sadar ragistry office- patna district-patna in the name of smt.
Equitable Mortgage Of Landed Property Along With Building Measuring An Area Of 11 Dhur 13 Dhurki Under Thana No-17,tauzi No-5237,khata No-165,c.s.plot No-1080 Situated At Equitable Mortgage Of Landed
Tenders are invited for Lot 2:- equitable mortgage of double storey residential building measuring 05k-18 marla i.e.
Lot 2:- Equitable Mortgage Of Double Storey Residential Building Measuring 05k-18 Marla I.e. 3569 Sq. Yards With Constructed Area 2266 Sq. Yard Situated At House No. 852 Vikas Nagar Ward No. 13 Tosham
Tenders are invited for Lot 1:- equitable mortgage of residential building (house) measuring 196.60 sq.
Lot 1:- Equitable Mortgage Of Residential Building (house) Measuring 196.60 Sq. Yards Situated At Village Tosham Tehsil Tosham District Bhiwani Standing Inthe Name Of Smt. Saroj Devi W/o Sh. Ram Mehar
Tenders are invited for Lot 3:- equitable mortgage of factory land and building measuring 786.5 sq.
Lot 3:- Equitable Mortgage Of Factory Land And Building Measuring 786.5 Sq. Yard Situated At Village Tosham District Bhiwani Standing In The Name Of Sh. Balwan Singh S/o Jai Lal Panghal Vide Release D
Equitable mortgage of factory land and building situate at main bus stand jhoju kalan district bhiwani measuring 453.75 sq.
Lot 1. Equitable Mortgage Of Factory Land And Building Situate At Main Bus Stand Jhoju Kalan District Bhiwani Measuring 453.75 Sq. Yds Standing In The Name Of Sanjeev Kumar S/o Surinder Singh Vide Rel
Auction are invited for Sale of properties Equitable mortgage of commercial plot no.
Sale Of Properties
BANKING AND CREDIT NEWS-March 4, 2011--S&P discontinues Equitable Mortgages rating(C)2011 M2 COMMUNICATIONS http://www.m2.com
-S&P discontinues Equitable Mortgages rating

Financial browser ?
Full browser ?