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Simple English definitions for legal terms

direct order of alienation

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A quick definition of direct order of alienation:

Direct order of alienation: When someone buys a property that has a mortgage on it, they may agree to take on the responsibility of paying off the mortgage. If the original owner of the property can't make their mortgage payments, the new owner is legally obligated to pay the debt. This is called the direct order of alienation.

A more thorough explanation:

Definition: Direct order of alienation is a principle in real estate that requires a grantee who assumes the debt on a mortgaged property to pay the mortgage debt if the original mortgagor defaults.

Example: Let's say John owns a house with a mortgage of $200,000. He sells the house to Jane, who agrees to take over the mortgage payments. However, if Jane fails to make the payments and the bank forecloses on the property, the bank can go after John for the remaining balance of the mortgage. This is because of the direct order of alienation, which makes John responsible for the debt even though he no longer owns the property.

Explanation: The example illustrates how the direct order of alienation works in practice. When a grantee assumes a mortgage, they become responsible for the debt if the original mortgagor defaults. This means that the lender can go after the grantee for the remaining balance of the mortgage, even if they no longer own the property. The direct order of alienation protects the lender's interests and ensures that the mortgage debt is paid off, regardless of who owns the property.

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RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
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