TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

legal mortgage [2 records]

Record 1 2015-09-14

English

Subject field(s)
  • Law of Security
  • PAJLO
CONT

It is an essential feature of a legal mortgage that it should vest the legal estate in land in the mortgagee, and it follows that any mortgage which does not transfer the legal estate cannot be a legal mortgage.

French

Domaine(s)
  • Droit des sûretés
  • PAJLO
OBS

Ne pas confondre les termes «hypothèque de common law» et «hypothèque en common law». Le terme «hypothèque de common law» désigne l'hypothèque qui grève un titre en common law, par opposition à l'hypothèque qui grève un titre en equity. Le terme «hypothèque en common law» désigne l'hypothèque telle qu'elle était conçue par le régime de la common law, avant que les dispositions législatives ne la privent d'effet dans ses principaux attributs ou encore plus anciennement, avant que l'equity ne la modifie considérablement dans son essence.

OBS

hypothèque de common law : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 1

Record 2 2012-02-05

English

Subject field(s)
  • Banking
  • Law of Security
DEF

A mortgage created by the conveyance of an estate or property as security for a debt. The property is charged by way of deed or by the demise of a term of years absolute. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Banque
  • Droit des sûretés

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
  • Derecho de cauciones
Save record 2

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