| 词汇 | legal-mortgage |
| 释义 | legal mortgage noun[ C ] LAW, PROPERTYukus in the UK, a mortgage in which the organization lending the money has the right to take the property if the loan is not paid back Compare equitable mortgage Examples of legal mortgagelegal mortgage Generally speaking, an equitable mortgage has the same effect as a perfected legalmortgage except in two respects. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The holder of a legalmortgage also has a power of sale over the assets. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If a legalmortgage is not completed in this manner it will normally take effect as an equitable mortgage. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. I do not follow his point about a banker having a legalmortgage. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 It does not take a legalmortgage in any form except the ordinary form, at any rate in nine cases out of ten. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The bank, let us say, is lending £10,000 on the security of land and buildings and of certain stocks, and it wants a legalmortgage. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Everyone knows the difference between a legalmortgage and an equitable mortgage. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 True legal mortgages are relatively rare in modern commerce, outside of occasionally with respect to shares in companies. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Legal mortgages of leaseholds in a similar way will be effected by a subdemise and not by assignment. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 I agree that there may be certain equitable mortgages that are only in form different to legal mortgages, but these are not normally cases of equitable mortgages. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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