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Simple English definitions for legal terms

pact de non alienando

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A quick definition of pact de non alienando:

A pact de non alienando is a legal agreement that says you cannot sell or transfer property that has a mortgage or other debt attached to it. This means that if you do sell the property, the lender can still go after it to collect the debt without having to notify the new owner.

A more thorough explanation:

Definition: Pact de non alienando is a Latin term used in civil law to refer to an agreement not to sell or transfer encumbered property, especially mortgaged property. This agreement allows the mortgagee to proceed directly against the mortgaged property without notice to the purchaser.

Example: If John takes out a mortgage on his house, he may agree to a pact de non alienando with the mortgage lender. This means that John cannot sell or transfer ownership of the house without the lender's permission. If John defaults on the mortgage, the lender can foreclose on the property without having to notify any subsequent purchasers.

Explanation: The example illustrates how a pact de non alienando works in practice. By agreeing not to sell or transfer the mortgaged property without the lender's permission, the borrower gives the lender greater security and control over the property. If the borrower defaults on the mortgage, the lender can foreclose on the property without having to go through the legal process of notifying any subsequent purchasers.

pacta sunt servanda | pactio

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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