A mortgage is a loan secured by real property.
A legal charge in some jurisdictions is the right a lender has to take that property if the loan is not paid back.
The two phrases refer to exactly the same thing. No need to worry, they have the same legal effect.
An allegation is"I think you did it". A charge is"I think you did it, and I think I can prove to a court that you did."
A civil charge is a legal claim between individuals or entities seeking compensation or resolution for a dispute, while a criminal charge is a legal accusation by the government against an individual for violating a law.
Can an attorney sign a mortgage deed/legal charge?
A lien is a legal claim on a property to secure a debt, while a mortgage is a type of loan used to purchase a property, with the property itself serving as collateral for the loan.
legal rights of cosigner on mortgage
Equitable mortgages are legal.
In this sense an instrument is a written legal document that defines rights, duties, entitlements or liabilities such as a deed, contract, will, easement agreement, mortgage, etc. A deed is an instrument.
What is the difference between legal and educational definitions for hearing and visual impaired.
The difference between compliance and legal is that compliance means you obey by the rules of your company, you do what you are told to do. Legal means you abide by the laws of the state.
what is the legal frame work for mortgage of land in nigeria
distinction between legal and equitable title