Redemption Period

 

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Redemption Period

A time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure.



Redemption Period

Similar Matches

Redemption charge

Redemption charge

The commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decline or be eliminated as shares are held for longer time periods.


Redemption

Redemption

The process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale.


Redemption

Redemption

The re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity.


Redemption price

Redemption price

The price at which a bond or preferred stock can be redeemed by the issuer.


Redemption

Redemption

This is the right of the mortgagor to recover mortgaged property on repayment of the loan and any interest due. This legally means that once you as the borrower have finished repaying the mortgage you took out, the property is yours and the lender has no further claim on it. If you pay of the mortgage ahead of schedule you may face a redemption penalty which compensates the lender for loss of interest.


Further Suggestions

Redemption penalty overhang
redemption date
Redemption cushion
gross redemption yield
Overhanging redemption penalty
Redemption date
Preferred equity redemption stock (PERC)
Redemption fee
Redemption
Mandatory redemption schedule
right of redemption
redemption fees
Serial redemption
Extended redemption penalty
Right of redemption
Redemption price
redemption yield
Redemption penalties
Redemption statement


 
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