Sentences with phrase «encumbrance which»

A form of encumbrance which usually makes specific property security for the payment of a debt or discharge of an obligation, e.g., mortgages, judgments, taxes, deed of trust, etc..

A form of encumbrance which usually makes specific property security for the payment of a debt or discharge of an obligation, e.g., mortgages, judgments, taxes, deed of trust, etc..

Pursuant to those terms, the escrow agent had no responsibility for any title defects or encumbrances which were not disclosed in the title report.

If a licensee is acting in these circumstances and has searched the title, it would be prudent for the licensee to draw to the seller's attention the existence of encumbrances which need to be cleared from title.

Not exact matches

PenFed will pay most closing costs associated with an equity line of credit (ELOC) which includes: credit report, flood certification, settlement / closing, property ownership and encumbrances search, recording, city / county taxes, state taxes, property search and quick close.

A young tree set out in a city's park with an iron cage around it for support may well resent the humiliation of that external curb, but if all the freedom which the tree seeks is release from that encumbrance it will discover that the only freedom which it has achieved is freedom to fall over when the wind blows.

The film is set in the narrowest sliver of historical time, the immediately pre-youthquake Britain of 1962, when, as Ian McEwan writes in the novella upon which the movie is based, «to be young was a social encumbrance... a faintly embarrassing condition for which marriage was the beginning of a cure.»

«This was still the era — it would end later in that famous decade — when to be young was a social encumbrance, a mark of irrelevance, a faintly embarrassing condition for which marriage was the beginning of a cure.»

(6) incur temporary debt in anticipation of receipt of funds; provided that a Horace Mann school shall obtain the approval of the local school committee and appropriate local appropriating authorities and officials relative to any proposed lien or encumbrance upon public school property or relative to any financial obligation for which the local school district shall become legally obligated; and provided further, that notwithstanding any general or special law to the contrary, the terms of repayment of any charter school's debt shall not exceed the duration of the school's charter without the approval of the board;

That's on top of next year's school budget, which will increase by 3.63 percent, which adds another annual $ 159 in encumbrances for homeowners for a grand total of $ 839 per year.

This was still the era — it would end later in that famous decade — when to be young was a social encumbrance, a mark of irrelevance, a faintly embarrassing condition for which marriage was the beginning of a cure.

I saw her in all her tragic beauty: the encumbrance of her disability, and yet the fierceness with which she lives her life, her wit, her daring, her moral courage.

This means that you are buying a home with no liens, encumbrances, or claims to which you did not agree and which are known to the seller or the title insurer.

Thereafter, the financial institution would hold a lien on the property for the outstanding balance which would become an encumbrance on the owner's estate.

The seller shall provide natural gas which is free from all liens, encumbrances, unpaid taxes, fees and other charges.

During the course of litigation, Laiken obtained a very broadly worded ex parte Mareva order freezing the assets of Sabourin and other named defendants which included enjoining any others «with knowledge of this Order» to «prevent the sale, disposition, withdrawal, dissipation, sale, assignment, dealing with, transfer, conveyance, conversion, encumbrance or diminishment» of the assets, specifically including money held in «trust accounts».

Having decided as a matter of contract interpretation that the Luso mortgages are unambiguously excepted from coverage under Schedule B, we need not opine whether the motion judge was correct in concluding that Private Lending is also barred from recovery by an «Exclusions from Coverage» provision, which excludes from coverage loss or damage arising by reason of encumbrances, adverse claims, or other matters «created, suffered, assumed or agreed to by the insured claimant.»

The added words go on to say, «or where such rights, privileges and appurtenances are not registered, then subject to any qualification, limitation or encumbrance to which the same are subject at the time of the transfer.»

In determining the amount and duration of maintenance the court shall consider: (A) the income and property of the respective parties including marital property distributed pursuant to subdivision five of this part; (B) the duration of the marriage and the age and health of both parties; (C) the present and future earning capacity of both parties; (D) the ability of the party seeking maintenance to become self - supporting and, if applicable, the period of time and training necessary therefor; (E) reduced or lost lifetime earning capacity of the party seeking maintenance as a result of having foregone or delayed education, training, employment, or career opportunities during the marriage; (F) the presence of children of the marriage in the respective homes of the parties; (G) the tax consequences to each party; (H) contributions and services of the party seeking maintenance as a spouse, parent, wage earner and homemaker, and to the career or career potential of the other party; (I) the wasteful dissipation of marital property by either spouse; (J) any transfer or encumbrance made in contemplation of a matrimonial action without fair consideration; and (K) any other factor which the court shall expressly find to be just and proper.

Submitted a Limited Title Certificate, which detailed all chain of title documentation including conveyances, outsales, DOT's, Easements / ROW's, Judgments and any other encumbrances for the past 40 years (minimum); and provided a Deed Plot, Tobin Map and Tax Card for each tract

Once you flood the site with listings in which the data (room sizes, features, condition, disclosures, leans, encumbrances, chattels, fixtures, rights of way, zoning, taxes, environmental, safety, building code requirements, lot levies, clear title and the hundreds of other details a buyer has a right and need to know before making a decision) has not been verified by a Realtor who is under legal obligation to disclose fully and accurately, then what happens then to the integrity of Realtor.ca?

The courts have now come down on the side of the true owner, believing that that individual should not be deprived of ownership or stuck with encumbrances for which they were not at fault.

Here is a clause to assist you in making sure the seller does not remove anything that the buyer is expecting to receive on closing: «The seller represents and warrants that all existing flooring and floor coverings, drapery tracks, ceiling fans and fixtures, built - in appliances, bathroom mirror (s), heating - ventilating - air conditioning equipment, central vac and accessories and all other items secured by means of nails, screws, plumbing, wiring, ducting and related accessories that are now on the property are to be included in the purchase price except items which are leased or rented and those specifically listed herein and all shall be in working order and free from all liens and encumbrances on completion.»

Encumbrance - A restriction which is either a monetary claim against the land (such as a lien, mortgage or lease), or a non-monetary one (such as an easement).

First Mortgage — A mortgage which is in first lien position, taking priority over al other liens (which are financial encumbrances).

The creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property;

Your Kauai Realty agent will have the Escrow Company provide a Title Report, which will show not only the ownership interest being conveyed, but also any encumbrances affecting the property.

A mortgage loan is a loan secured by real property through the use of a document which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan.

-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The creation of a purchase money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become owners of the property; (7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

Our primary title searches, ownership and encumbrances (mortgages, liens, etc) come back in about 2 days, along with any conditions required to insure title (signatures of missed heirs on previous transactions, liens to be cured, etc) which has included searches of all public records.