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- Defeasance abstract "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 from condition, that which in the same deed is called a condition is a defeasance in another deed. The term is used in several contexts in finance, including: a clause in a mortgage granting a borrower exclusive ownership in a property after a debt is repaid, a corporate finance technique where a corporate bond issue is repaid through an irrevocable trust, which allows the corporation to remove liabilities from its balance sheet; notably used by Exxon in 1982A defeasance should recite the deed to be defeated and its date, and it must be made between the same parties as are interested in the deed to which it is collateral. It must be of a thing defensible, and all the conditions must be strictly carried out before the defeasance can be consummated. Defeasance in a bill of sale is the putting an end to the security by realizing the goods for the benefit of the mortgagee. It is not strictly a defeasance, because the stipulation is in the same deed; it is really a condition in the nature of a defeasance.".
- Defeasance wikiPageExternalLink www.ASTDefeasance.com.
- Defeasance wikiPageExternalLink 1up.
- Defeasance wikiPageID "41421617".
- Defeasance wikiPageLength "1794".
- Defeasance wikiPageOutDegree "13".
- Defeasance wikiPageRevisionID "702546895".
- Defeasance wikiPageWikiLink Bill_of_sale.
- Defeasance wikiPageWikiLink Category:Legal_terms.
- Defeasance wikiPageWikiLink Collateral_contract.
- Defeasance wikiPageWikiLink Corporate_finance.
- Defeasance wikiPageWikiLink Deed.
- Defeasance wikiPageWikiLink Estate_(law).
- Defeasance wikiPageWikiLink Exxon.
- Defeasance wikiPageWikiLink Legal_instrument.
- Defeasance wikiPageWikiLink Mortgage_law.
- Defeasance wikiPageWikiLink Mortgage_loan.
- Defeasance wikiPageWikiLink Party_(law).
- Defeasance wikiPageWikiLink Security_interest.
- Defeasance wikiPageWikiLink Trust_law.
- Defeasance wikiPageWikiLinkText "Defeasance".
- Defeasance wikiPageWikiLinkText "defeasance".
- Defeasance wikiPageWikiLinkText "defease".
- Defeasance page "925".
- Defeasance title "Defeasance".
- Defeasance url 1up.
- Defeasance volume "7".
- Defeasance wikiPageUsesTemplate Template:EB1911.
- Defeasance wikiPageUsesTemplate Template:Lang-fr.
- Defeasance wikiPageUsesTemplate Template:Law-term-stub.
- Defeasance wikiPageUsesTemplate Template:Reflist.
- Defeasance wikiPageUsesTemplate Template:Update-EB.
- Defeasance subject Category:Legal_terms.
- Defeasance hypernym Defeasance.
- Defeasance type Concept.
- Defeasance type Page.
- Defeasance type Term.
- Defeasance comment "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 from condition, that which in the same deed is called a condition is a defeasance in another deed.".
- Defeasance label "Defeasance".
- Defeasance sameAs Q3043049.
- Defeasance sameAs Défaisance.
- Defeasance sameAs m.05jpgm.
- Defeasance sameAs Q3043049.
- Defeasance wasDerivedFrom Defeasance?oldid=702546895.
- Defeasance isPrimaryTopicOf Defeasance.