Tag: Equitable
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Equitable Waste
Definition of Equitable Waste In accordance with the work A Dictionary of Law, this is a description of Equitable Waste : Alterations made by a tenant that cause serious damage to the leased property. See waste.
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Equitable Execution
Definition of Equitable Execution In accordance with the work A Dictionary of Law, this is a description of Equitable Execution : Means of enforcing the judgment of a court when the judgment creditor cannot obtain satisfaction from the normal methods of *execution. For example, the creditor […]
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Equitable Interests
Definition of Equitable Interests In accordance with the work A Dictionary of Law, this is a description of Equitable Interests : Interests in property originally recognized by the Court of Chancery, as distinct from legal interests recognized in the common-law courts. They arose in cases when […]
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Equity of Redemption
Definition of Equity of Redemption In accordance with the work A Dictionary of Law, this is a description of Equity of Redemption : The rights of a mortgagor over his mortgaged property, particularly the right to redeem the property. This right of redemption allows a mortgagor to redeem the […]