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Defeasance (or defeazance) (French: défaire, to undo), in law, an
instrument which defeats the
force or
operation of some
other deed or estate; as distinguished...
- they owe a
personal debt to the state. A
recognizance is
subject to a "
defeasance"; that is, the
obligation will be
avoided if
person bound does some particular...
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historically significant type of
penal bond, the
penal bond with
conditional defeasance,
printed the bond (the
obligation to pay) on the
front of the do****ent...
- of
penal bond was the
penal bond with
conditional defeasance. A
penal bond with
conditional defeasance combined in one do****ent the bond (the
promise to...
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foreclosure Deed in
trust Deed of gift Deed of
trust Deed
restriction Default Defeasance clause Defeasible fee
Defeasible estate Deficiency –
physical condition...
- sign
judgment in an
action against the
debtor for the sum due, with a
defeasance—a
clause that the
warrant shall not be put into
force in case of due payment...
- contingent; if the
condition is subsequent, the
interest is vested,
subject to
defeasance. Anno: 131 ALR 712. "contingent interest".
Academic Dictionaries and Encyclopedias...
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there can be no
prepayment of the loan)
which they can be
subject to
defeasance,
yield maintenance and
prepayment penalties to
protect bondholders. European...
- charter) in fee or for
years to the lender; (2) an
indenture or bond (the
defeasance)
reciting the loan and
providing that if it was
repaid the land would...
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usually refers to
Middle English law of contracts,
where a
condition of
defeasance is a
clause that can
invalidate or
annul a
contract or deed.
Though defeat...
