period of redemption

period of redemption

See right of redemption.

References in periodicals archive ?
Q: Did the negotiations between Dencio and Susan and the Bank in 1989 extend the period of redemption?
"Aeroflot" increased the period of redemption of preferential air tickets from the Russian Far East.
The source says that the loan amount is up to 1,000,000 AMD, the period of redemption is up to 24 months, the interest rate is
Germany may have been a team in turmoil before the summer, but June was a period of redemption for Jurgen Klinsmann's team.
Meanwhile, Juanito executed in favor of a certain Tanie a Deed of Sale Con Pacto de Retro (with a 10-year period of redemption) over a one-half portion of one of the two lots that were registered in his name.
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.
Based on the provision, there is a need for written notice to start the period of redemption, thus: