defeasance clauseglossary / DEFEASANCE CLAUSE, 权利回复条款 defeasance clause(抵押物)权利回复条款 确保在抵押条件满足后,抵押人〔mortgagor〕恢复其原有权利的条款。该条款允许抵押人即债务人,通过清偿债务来撤销他人对被抵押的不动产所享有的一切权益,从而使对该抵押物的暂时的、附条件的转让无效。 词条贡献者 译员海燕,毕业于法国顶尖的高级翻译学院,专注翻译各种与破产对抗诉讼有关的法律文件。
defeasance clause DEFEASANCE CLAUSE defeasance clause. A mortgage provision stating that the conveyance to the mortgagee will be ineffective if the mortgagor pays the…