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Indicia of ownership definition

Indicia of ownership means evidence of a security interest, evidence of an interest in a security interest, or evidence of an interest in real or personal property securing a loan or other obligation, including any legal or equitable title or deed to real or personal property acquired through or incident to foreclosure or its equivalents. Evidence of such interests include, but are not limited to, mortgages, deeds of trust, liens, surety bonds and guaranties of obligations, title held pursuant to a lease financing transaction in which the lessor does not select initially the leased property (hereinafter “lease financing transaction”), legal or equitable title obtained pursuant to foreclosure, and their equivalents. Evidence of such interests also includes assignments, pledges or other rights to or other forms of encumbrance against property that are held primarily to protect a security interest. A person is not required to hold title or a security interest in order to maintain indicia of ownership. (3-13-97)
Indicia of ownership means evidence of a security interest,
Indicia of ownership means evidence of a

Examples of Indicia of ownership in a sentence

  • Indicia of ownership that are held primarily to protect a security interest include legal or equitable title acquired through or incident to foreclosure or its equivalents.

  • Indicia of ownership includes interests in real or personal property held as security or collateral for repayment of a financial obligation such as a mortgage, lien, security interest, assignment, pledge, surety bond, or guarantee and includes participation rights of a financial institution used for legitimate commercial purposes in making or servicing the loan.

  • Indicia of ownership that are held primarily to protect a security interest include legal or equitable title or deed to real or personal property acquired through or incident to foreclosure and its equivalents.

  • Indicia of ownership held after foreclosure continue to be considered for the primary purpose of protecting the security interest as long as the holder undertakes to sell, re-rent, or otherwise divest itself of the UST or the property upon which the UST is located in a reasonably expeditious manner (i.e., within twelve months of the date title/deed to the holder has been recorded and the holder has obtained access to the UST)2.

  • Submitted on behalf of the Ports of Jersey 29 August 2014 Doug BannisterGroup CEO ~ Ports of Jersey Appendix 2 (a, b, c, d) – transcripts of public meetings 2a – 25.07.14 NOTES OF A PUBLIC MEETING OF THE PORTS OF JERSEY HELD ON 25TH JUNE 2014 AT 7 P.M. AT THE ALBERT TERMINAL, ST.


More Definitions of Indicia of ownership

Indicia of ownership means evidence of a security interest, evidence of an interest in a security interest, or evidence of an interest in a facility securing a loan or other obligation, including any legal or equitable title to a facility acquired incident to foreclosure and its equivalents. Evidence of such interests includes, mortgages, deeds of trust, sellers interest in a real estate contract, liens, surety bonds, and guarantees of obligations, title held pursuant to a lease financing transaction in which the lessor does not select initially the leased facility, or legal or equitable title obtained pursuant to foreclosure and their equivalents. Evidence of such interests also includes assignments, pledges, or other rights to or other forms of encumbrance against the facility that are held primarily to protect a security interest.
Indicia of ownership means evidence of a security interest, evidence of an interest in a security interest or evidence of an interest in real or personal property securing a loan or other obligations, including any legal or equitable title to real or personal property
Indicia of ownership means evidence of a security interest, evidence of an interest in a security
Indicia of ownership means legal or equitable title that has been acquired through or is incident to the default of a borrower.
Indicia of ownership means evidence of a secured interest, evidence of an interest in a security interest, or evidence of an interest in real or personal property securing a loan or other obligation, including any legal or equitable title or deed to real or personal property acquired or incident to foreclosure. Examples of such indicia include, but are not limited to, a mortgage, deed of trust, legal or equitable title, a surety bond, guarantee of obligation, assignment, lien, pledge or other form of encumbrance.
Indicia of ownership means evidence of a security interest, evidence of an interest in a security interest or evidence of an interest in real or personal property securing a loan or other obligations, including any legal or equitable title to real or personal property acquired incident to foreclosure and its equivalents. Evidence of such interests includes, but is not limited to, mortgages, deeds of trust, liens, surety bonds and guarantees of obligations, title held pursuant to a lease financing transaction in which the lessor does not select initially the leased
Indicia of ownership means legal or equitable title that has been acquired through or is incident to the default of a borrower. 49_x001e_283