Examlex
The price paid to purchase an option contract is called the:
Attaches
In legal parlance, attaches means to legally seize or take control of property, often in the context of securing a debt or executing a court order.
Equity Of Redemption
The right of a mortgagor to reclaim property by paying off the full amount of the mortgage plus any accrued interest and costs before foreclosure.
Home Equity Loan
A line of credit made available to homeowners based on the value of the property over and above any existing mortgages.
Court Action
Legal proceedings initiated in a court of law where a plaintiff brings a lawsuit against a defendant.
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