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DUE-ON-ENCUMBRANCE CLAUSE
due-on-encumbrance clause.A mortgage provision giving the lender the option to accelerate the debt if the borrower further mortgages the real estate without the lender’s consent. • All state laws on the enforcement of due-on-sale clauses have been preempted, and the subject is now governed exclusively by the Garn Act. 12 USCA § 1701j–3. [Cases: Mortgages …
Read MoreDUE NOTICE
due notice.See NOTICE. [Blacks Law 8th]
Read MoreDUE NEGOTIATION
due negotiation.See NEGOTIATION. [Blacks Law 8th]
Read MoreDUELLUM
duellum (d[y]oo-el-<<schwa>>m), n.[fr. Latin duo “two”] Hist. See TRIAL BY COMBAT . [Blacks Law 8th]
Read MoreDUELING
dueling,n. The common-law offense of fighting at an appointed time and place after an earlier disagreement. • If one of the participants is killed, the other is guilty of murder, and all who are present, abetting the crime, are guilty as principals in the second degree. [Cases: Criminal Law 45.30. C.J.S. Dueling §§ 2–3.] “Dueling …
Read MoreDUEL
duel. 1.TRIAL BY COMBAT. 2. A single combat; specif., a prearranged combat with deadly weapons fought between two or more persons under prescribed rules, usu. in the presence of at least two witnesses, to resolve a previous quarrel or avenge a deed. • In England and the United States, death resulting from a duel is…
Read MoreDUE INFLUENCE
due influence.The sway that one person has over another, esp. as a result of persuasion, argument, or appeal to the person’s affections. Cf. UNDUE INFLUENCE . [Blacks Law 8th]
Read MoreDUE-DILIGENCE INFORMATION
due-diligence information.Securities. Information that a broker-dealer is required to have on file and make available to potential customers before submitting quotations for over-the-counter securities. • The informational requirements are set out in SEC Rule 15c2-11 (17 CFR § 240.15c2-11). [Cases: Securities Regulation 25.21(4), 25.62(2). C.J.S. Securities Regulation §§ 87, 95.] [Blacks Law 8th]
Read MoreDUE DILIGENCE
due diligence.See DILIGENCE. [Blacks Law 8th]
Read MoreDUE DAY
due day.See BOON DAY. [Blacks Law 8th]
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