PACT DE NON ALIENANDO

By SovConn | September 24, 2013

pact de non alienando (pakt dee non ay-lee-<<schwa>>-nan-doh). [Latin] Civil law. An agreement not to alienate encumbered (esp. mortgaged) property. • This stipulation will not void a sale to a third party, but it does allow the mortgagee to proceed directly against the mortgaged property without notice to the purchaser.

[Blacks Law 8th]

Posted in Law Dictionary Definitions