TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

The Court also distinguished between the legal right of redemption in foreclosure proceedings and a borrower's contractual right to reinstate a defaulted loan. By law, a defaulting borrower in foreclosure is entitled to redeem his or her property by paying the entire principal and interest due before confirmation of the sheriff's sale. When that happens, the lender has a legal duty to dismiss the foreclosure proceedings and may not condition that dismissal on payment of attorney fees. This differs from a contractual right to reinstate a loan. In that instance, the borrower typically pays only the amounts needed to make the loan current and continues all future payments on the previously agreed-upon schedule.  3, record 1, English, - legal%20right%20of%20redemption

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 OBS

droit de rachat en common law : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  2, record 1, French, - droit%20de%20rachat%20en%20common%20law

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

At common law the creation of future interests was severely restricted.... (T)he only future interests possible at common law were the reversion, the vested remainder and the possibility of reverter and the right of entry for condition broken.... (Anger & Honsberger, 2nd ed., 1985, pp. 338-9)  1, record 2, English, - common%20law%20future%20interest

Record number: 2, Textual support number: 2 CONT

(The Statute of Wills) permitted a person to devise his lands "at his free will and pleasure". The effect of this language was that devises did not have to comply with the common law remainder rules so that new legal future interests ... could be created.... (Anger & Honsberger, 2nd ed., 1985, p. 348)  1, record 2, English, - common%20law%20future%20interest

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 OBS

L'élément «legal» du terme anglais s'oppose dans certains contextes à «common law»; le terme pourra dans ces cas être rendu par une expression explicative telle que «intérêt futur d'origine législative».  1, record 2, French, - int%C3%A9r%C3%AAt%20futur%20en%20common%20law

Record number: 2, Textual support number: 2 OBS

intérêt futur en common law : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 2, French, - int%C3%A9r%C3%AAt%20futur%20en%20common%20law

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 DEF

Possible, but not assured; doubtful or uncertain; conditioned upon the occurrence of some future event which is itself uncertain, or questionable.... this term, when applied to a use, remainder, devise, bequest, or other legal right or interest, implies that no present interest exists, and that whether such interest or right ever will exist depends upon a future uncertain event.(Black's, 5th ed. 1979, p. 290)  1, record 3, English, - contingent

Record number: 3, Textual support number: 1 CONT

An interest may thus be said to be vested if, (a) it is limited to a person who is in existence, (b) it is limited to a person who is ascertained, and (c), it is limited to a person who is ascertained, and (c), it is not subject to a condition precedent. An interest is contingent or executory if it does not satisfy one of these three criteria, for in that case it is not presently capable of falling into possession upon the natural determination of all preceding interests. (Anger & Honsberger, 2nd d. 1985, p. 350)  1, record 3, English, - contingent

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 OBS

Extrait du vocabulaire bilingue de la Common law - Droit des biens - (Terminologie française normalisée dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles).  2, record 3, French, - %C3%A9ventuel

Record number: 3, Textual support number: 2 OBS

A distinguer de : vested (adj.), conditional executory.  2, record 3, French, - %C3%A9ventuel

Record number: 3, Textual support number: 3 OBS

Terme qui présente un complément d'information utile ou un apparentement avec le terme en vedette : contingency.  2, record 3, French, - %C3%A9ventuel

Record 3,  Textual support,  Spanish