bail
It's called 'bail' or 'assurance'.
It's called 'bail' or 'assurance'.
Bail.
If the person who has an ownership interest in real property does not sign on or guarantee the note, then that person is not liable to pay the note. However, the lender could still foreclose on the property & the person could then lose his/her ownership of that property.
Tenant and lessee are the same thing, they are a person who rents property from a lessor who own property that he wants to lease.
writ of habeas corpus
Due Process of Law
This is a form of security lodging against the property. It means that the person issuing the caveat has "say or control" upon sale of this property. Generally used when a personal guarantee is issued, and you want your money paid to you. However you cannot force the sale of the property, but you can be fully involved in the final sale and have rights to your money when the property is sold.It is an excellent tool to use when you have personal guarantee. The Banks will have priority to you, but you will be next in line.
there are several people who deal with property auctioneer estate agent valuers propertier soliciteer bank in monopoly the person in charge of property is the "banker"
A guarantee provided by a corporation, a legal person, is known is corporate guarantee.
It's called a ransom.
The mortgagor is the primary borrower on the mortgage- the party who purchased the real estate. The guarantor is the co-signer on the mortgage loan. The co-signer guarantees they will pay the debt if the primary borrower defaults.