Sentences with phrase «possession of one's property»

If you are not going to be taking possession of the property for a period of time, you can also specify the date you want the coverage to begin.
Charges of theft are often accompanied by charges of possession of property obtained by crime.
The court can not make a final determination regarding marital property when granting a limited divorce, but it can address issues of possession of property while you're separated.
This should reassure private landlords across the county seeking to regain possession of their properties.
I wouldn't think so, unless you assume possession of the property then maybe.
When items you own are used as collateral, the lender has the option to take possession of the property if the loan is not paid back according to the repayment terms.
You can maintain possession of your property and still obtain the loan you need.
A lien means another company or person has the right to keep possession of your property until your debt is repaid.
The buyer normally takes possession of the property at the time the contract is made.
If they gave possession of the property back you can claim the deposit for the last payment.
Buyer will be responsible for obtaining possession of the property upon closing.
It means that quite literally one has possession of property owed to another.
A creditor's taking possession of property pledged as collateral on a loan contract on which a borrower has fallen significantly behind in payments.
A lien is a right to keep possession of property belonging to another person until a debt owed by that person is paid off.
Artists who bought their studios for a few thousand dollars are now in possession of properties worth millions.
To take title: To gain and hold possession of property legally.
The key inquiry is whether it is unfair to allow a party to retain possession of property — regardless of whether the party has possession based on wrongful conduct or by mistake.
There are various stages of foreclosure and various types of entities that may be in possession of the property during the transaction.
Once your mortgage has been in default for three months, legal proceedings are started through power of sale and the bank takes possession of your property.
The pre - EMI is the interest component that you pay monthly on the amount availed till the construction is complete and you get possession of the property.
In assured tenancies, if the rent remains unpaid for a sum and a period prescribed by Ground 8 in Part I of the Schedule 2 to the 1988 Act, the landlord may be entitled to seek mandatory possession of the property through a court order.
The attorney for property, one of Mrs. Columbus's many children, sought possession of a property owned by Mrs. Columbos.
Client charged with possession of property obtained by crime over $ 5,000 was acquitted after a judge alone trial in Brantford.
These schemes seem attractive to customers as they can book a dwelling unit under the current market prices, they can pay in Installments after possession of the property via a Home Loan.
Does placing an AR object on a person's property, without their permission, affect their interest in exclusive possession of property?
If the client requires vacant possession of the property and the vendor serves the tenant with 60 days» notice on behalf of the purchaser, the purchaser will be liable if he / she chooses not to occupy the unit within a reasonable time (RTA, ss.
Section 21 provides that a landlord is automatically entitled to recover possession of a property let on an AST provided that the requisite form of notice under the section is served.
We sell heavy - duty equipment under a conditional sales contract where the customer receives possession of the property on December 1, 2007, but does not receive ownership of the property until full payment of the purchase price.
In California, squatters can «gain legal possession of property as long as they comply with certain legal requirements,» according to SF Gate.
If a landlord envisages that it will want possession of its property at the end of a lease term, then contracting out of the Act is crucial.
One of the ways a landlord can seek possession of his property let under an Assured Shorthold Tenancy (AST) is by issuing a notice under s 21 of the Housing Act 1988 (HA 1988).
Of course, we don't just evict people for no reason, but it's much harder to gather witnesses and present proof than to simply request possession of the property back.
Foreclosure: The legal process in which a lender takes possession of a property as a result of a mortgage default by the owner - borrower.
The mortgagee may also bring proceedings for an order for possession of the property by way of a Notice of Application;
Lenders consider all of the following situations to be a transfer of ownership: the purchase of a property «subject to» the mortgage, the assumption of the mortgage debt by the property purchaser, and any exchange of possession of the property under a land sales contract or any other land trust device.
Installment land contract: A contract in which the buyer takes possession of the property while the seller retains the title to the property until the loan is paid.
The judge ordered that the civil servants must also show possession of a property within the FCT worth the same amount.
While the MoJ figures report the number of cases that went to court and the number of court orders for possession granted, only the CML figures relate to actual possessions of properties by first charge lenders in the UK.
If you default on debt you owe to a fully secured creditor, the creditor can take possession of the property securing the loan and sell it to pay the difference.
For a Home Loan, projects which are under construction the customer is required to pay the only the Interest part of the Loan till the total Loan amount is disbursed possession of the property.
A deed - in - lieu allows BancorpSouth to take possession of your property sooner than would be possible through foreclosure.
Properties would proceed to the auction and the lenders would snap them back up at $ 100.00 apiece in most cases, and would then ultimately take possession of the property once the Certificate of Title issued.
For example, Ontario buyers can take legal possession of a property without a survey, but in Alberta a buyer must have a Real Property Report — a legal document that shows the location of visible improvements relative to property boundaries.
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