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A charging order, in English law, is an order obtained from a court or judge by a judgment creditor, by which the property of the judgment debtor in any stocks or funds or shares in a limited liability company or land stands charged with the payment of the amount for which judgment shall have been recovered, with interest and costs.
Security interests may be taken on any type of property. The law divides property into two classes: personal property and real property. Real property is the land, the buildings affixed to it and the rights that go with the land. Personal property is defined as any property other than real property.
Conviction of the property owner is required, but the property owner is required to contest the forfeiture. Conviction provision does not apply if the owner agreed to help investigators in exchange for immunity or a reduced sentence. Once the owner is convicted, the property must be linked to the crime via clear and convincing evidence.
"We joined together to make this request in order to prevent rental property owners from compounding the tragedy imposed on those who are already suffering due to having lost their properties and ...
The owner of the property, who grants the lien, is referred to as the lienee [3] and the person who has the benefit of the lien is referred to as the lienor [4] or lien holder. The etymological root is Anglo-French lien or loyen , meaning "bond", "restraint", from the Latin ligamen , from ligare "to bind".
Charging Orders Act 1979 Description English: An Act to make provision for imposing charges to secure payment of money due, or to become due, under judgments or orders of court; to provide for restraining and prohibiting dealings with, and the making of payments in respect of, certain securities j and for connected purposes.
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A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.