action, for, foreclosure

action, for, foreclosure
action f en forclusion

English-French legislative terms. 2015.

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  • Foreclosure investment — refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the [equity] of redemption [Equity of redemption… …   Wikipedia

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  • action — ac·tion n [Latin actio legal proceeding, from agere to do, carry out, initiate legal proceedings] 1 a: a judicial proceeding for the enforcement or protection of a right, the redress or prevention of a wrong, or the punishment of a public offense …   Law dictionary

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  • foreclosure of chattel mortgage — An action to declare judicially the forfeiture for condition broken and to obtain a sale and transfer of title to the subject of the mortgage. 15 Am J2d Chat Mtg § 208. A sale of the property covered by the mortgage, upon a default by the… …   Ballentine's law dictionary

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  • receivership in foreclosure — A receivership in all action for the foreclosure of a mortgage or lien. 45 Am J1st Rec § 3. A proceeding in aid of an action for the foreclosure of a mortgage on real estate, wherein a receiver is appointed to take possession of the mortgaged… …   Ballentine's law dictionary

  • judicial foreclosure — Foreclosure of a mortgage or lien by an action, as distinguished from foreclosure by seizure and sale. The function of a judicial foreclosure is to declare judicially the forfeiture for condition broken, to obtain an order for sale, and to… …   Ballentine's law dictionary

  • Association of Community Organizations for Reform Now — Infobox Organization name = Association of Community Organizations for Reform Now image border = size = caption = msize = mcaption = abbreviation = ACORN motto = formation = 1970 extinction = type = Non governmental organization status = purpose …   Wikipedia

  • Pre-Foreclosure — The status of a property which is in the early stages of being repossessed due to the property owner s inability to pay an outstanding mortgage obligation. Reaching pre foreclosure status begins when the lender files a default notice on the… …   Investment dictionary

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