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   …

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DUELLUM

duellum (d[y]oo-el-<<schwa>>m), n.[fr. Latin duo “two”] Hist. See TRIAL BY COMBAT . [Blacks Law 8th]

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DUELING

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 …

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DUEL

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…

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DUE 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]

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DUE-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]

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