Examlex
The term framing is used to describe the
Default
The failure to fulfill a legal obligation, such as not making a payment on a loan.
Equity of Redemption
The right of a borrower to reclaim property put up as collateral after clearing their debt, especially in relation to mortgage agreements.
Mortgageable Estate
A property or estate which can be used as security for a mortgage loan.
Writ of Possession
A court order granting a party the right to take possession of property, often issued after a judgment in an eviction or foreclosure process.
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