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the house is encumbered with a mortgage

См. также в других словарях:

  • Encumbered Securities — Securities that are owned by one entity, but subject to a legal claim by another. When an entity borrows from another, legal claim on the securities owned by the borrower can be taken as security by the lender should the borrower default on its… …   Investment dictionary

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium

  • China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …   Universalium

  • Protestant Ascendancy — The Protestant Ascendancy is a convenient phrase used when referring to the political, economic, and social domination of the former Kingdom of Ireland by a minority of great landowners, establishment clergy, and professionals, all members of the …   Wikipedia

  • Qualified personal residence trust — The following article on personal residence trusts and qualified personal residence trusts is taken from attorney Jacob Stein s treatise on tax planning, with his permission. Residence trusts are used to transfer a grantor’s residence out of the… …   Wikipedia

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

  • Foreclosure — For Lacan s psychoanalytic process, see Foreclosure (psychoanalysis). House in Salinas, California under foreclosure, following the popping of the U.S. real estate bubble. Foreclosure is the legal process by which a mortgage lender (mortgagee),… …   Wikipedia

  • Floating charge — A floating charge is a security interest over a fund of changing assets of a company or a limited liability partnership (LLP), which floats or hovers until conversion into a fixed charge, at which point the charge attaches to specific assets. The …   Wikipedia

  • Equity stripping — Equity stripping, also known as equity skimming or foreclosure rescue, is any of various predatory real estate practices aimed at vulnerable, often low income, homeowners facing foreclosure in the United States. Often considered a form of… …   Wikipedia

  • Perfection (law) — In law, perfection relates to the additional steps required to be taken in relation to a security interest in order to make it effective against third parties and/or to retain its effectiveness in the event of default by the grantor of the… …   Wikipedia

  • Calendar of 1995 — ▪ 1996 January January 1       Cardoso assumes office       Having won some 54% of the ballots cast in the October 1994 election, Fernando Cardoso took the oath of office as president of Brazil. As chief executive of South America s largest… …   Universalium

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