If a marriage subject to a prenuptial agreement dissolves and one of the parties fails to take action on claims contained in that prenuptial agreement for a considerable period of time, it is possible the court will prohibit that person from
enforcing the agreement due to the amount of time lapsed.
Not exact matches
Under this federal law, lenders may not
enforce an otherwise valid
due - on - sale clause if a mortgage or property is transferred as a result of a divorce decree, legal separation
agreement, or a property settlement
agreement.
Even a «leading practice»
agreement may not in reality benefit Aboriginal and Torres Strait Islander peoples if they are not able,
due to a lack of resources, to monitor and
enforce compliance with its terms.
ATTORNEY»S FEES AND COSTS: If a dispute arises by and between the parties or involving the subject matter of this
Agreement and litigation is commenced to
enforce the provisions herein or interpret the provisions herein, the prevailing party shall be
due its reasonable attorney's fees and litigation costs, including appellate attorney's fees and costs by the non prevailing party.
-- 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.