Last Updated :2025/11/29

equity of redemption

Noun
uncountable
Japanese Meaning
法的に、抵当権が行使され、一定または合理的な期間内に、担保権者(借主)が不動産を再取得できる有利な権利。つまり、抵当権が実行される前に、債務不履行による法的没収に対抗して、設定された一定期間内に元の状態に戻す権利。
What is this buttons?

差し押さえの判決が下された後でも、抵当人は衡平法上の償還権を行使して、未払いの残金を合理的な期間内に支払うことでその財産を取り戻した。

Quizzes for review

(law) The advantage, allowed to a mortgager, of a certain or reasonable time to redeem lands mortgaged, after they have been forfeited at law by the non-payment of the sum of money due on the mortgage at the appointed time.

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equity of redemption

Even after a foreclosure judgment, the mortgagor invoked the equity of redemption to reclaim the property by paying the overdue balance within a reasonable time.

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Even after a foreclosure judgment, the mortgagor invoked the equity of redemption to reclaim the property by paying the overdue balance within a reasonable time.

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