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In Hong Kong, there is a statutory definition of "encumbrance".In Conveyancing and Property Ordinance (Cap. 219) it reads: ""encumbrance" (產權負擔) includes a legal and equitable mortgage, a trust for securing money, a lien, a charge of a portion, annuity, or other capital or annual sum; and "encumbrancer" (產權負擔人) has a meaning corresponding with that of "encumbrance" and ...
Commission Delegated Regulation (EU) 2017/2295 of 4 September 2017 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for disclosure of encumbered and unencumbered assets (Text with EEA relevance) Image title: Author: www.legislation.gov.uk: Software used: FOP 1.0
Condition whereby while encumbered ownership of property is achieved or retained, encumbered ownership of it is contingent upon the performance of the obligation to somebody indebted to, and possession and unencumbered ownership of it is contingent upon completion of obligation. Pledge: Pawnbrokering: Pawnbroker Collision (Conflict)
The Encumbered Estates' Court was established by an act of the British Parliament in 1849, the Incumbered Estates (Ireland) Act 1849 (12 & 13 Vict. c. 77), to facilitate the sale of Irish estates whose owners, because of the Great Famine, were unable to meet their obligations. [1]
Given Trump’s need to drum up cash to meet legal fines in the hundreds of millions of dollars and the lack of unencumbered assets he can easily liquidate, investors seem unwilling to take the ...
The mortgagor must obtain the mortgagee’s written consent if he wants to encumber the property with a servitude or wishes to dispose of the property. If consent is not obtained, the mortgagee has the right to follow-up property. [121] The mortgagor retains possession and must reasonably maintain the mortgaged property.
President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social ...
Clear title is the phrase used to state that the owner of real property owns it free and clear of encumbrances. In a more limited sense, it is used to state that, although the owner does not own clear title, it is nevertheless within the power of the owner to convey clear title. For example, a property may be encumbered by a mortgage. This ...