{"id":9205,"date":"2013-04-02T13:21:47","date_gmt":"2013-04-02T13:21:47","guid":{"rendered":"http:\/\/legaldictionary.lawin.org?p=9205"},"modified":"2013-04-02T13:21:47","modified_gmt":"2013-04-02T13:21:47","slug":"equity-of-redemption","status":"publish","type":"post","link":"https:\/\/lawlegal.eu\/equity-of-redemption\/","title":{"rendered":"Equity Of Redemption"},"content":{"rendered":"

Equity Of Redemption in Europe<\/h1>\n

Definition of Equity Of Redemption<\/h2>\n

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The right of a mortgagor to redeem the mortgaged property (i. e., clear it of the mortgage debt) by paying off the principal and interest. Six months’ notice to the mortgagor, or six months’ interest in lieu of notice, was required. The equity to redeem could only be lost by foreclosure (q.v.) or under the Statute of Limitations where a mortgagee remained in possession for twelve years without acknowledging the title of the mortgagor.
By the Law of Property Act, 1925, the equity of redemption is in effect abolished, as the mortgagor retains the legal estate, and creates a long term of years, or a charge in favour of the mortgagee, with a proviso for cesser, or redemption, respectively. See Clog on Equity of Redemption; Howard v. Harris<\/p>\n<\/h4>\n

Browse<\/h2>\n

You might be interested in these references tools:<\/p>\n\n\n\n\n\n\n\n
Resource<\/th>\nDescription<\/th>\n<\/tr>\n
Equity Of Redemption in the Dictionaries<\/a><\/td>\nEquity Of Redemption in our legal dictionaries<\/td>\n<\/tr>\n
Related topics<\/a><\/td>\nBrowse topics from the European Encyclopedia of Law<\/td>\n<\/tr>\n
Browse the Legal Thesaurus<\/a><\/td>\nFind synonyms and related words?.<\/td>\n<\/tr>\n
Equity Of Redemption related entries<\/a><\/td>\nFind related entries of this Equity Of Redemption<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Equity Of Redemption in other legal encyclopedias<\/h2>\n

If you search for an entry, then decide you want to see what another legal encyclopedia says about it, you may find your entry in this section.<\/p>\n\n\n\n\n\n\n\n\n
Link<\/th>\nDescription<\/th>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the International Legal Encyclopedia.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the American Legal Encyclopedia.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Asian Legal Encyclopedia.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the UK Legal Encyclopedia.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Australian Legal Encyclopedia.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Explore the European Encyclopedia of Law<\/h2>\n

You can also find related entries in the following areas of law:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Link<\/th>\nDescription<\/th>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Family Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the IP Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Commercial Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Criminal Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Family Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Civil Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Constitutional Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Taxation Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Banking and Finance Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Employment and Labour Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Injury and Tort Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n
Equity Of Redemption<\/a><\/td>\nEquity Of Redemption in the Environmental Law Portal of the European Encyclopedia of Law.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Further Information<\/h2>\n