equity of redemption. Real estate. The right of a mortgagor in default to recover property before a foreclosure sale by paying the principal, interest, and other costs that are due. • A defaulting mortgagor with an equity of redemption has the right, until the foreclosure sale, to reimburse the mortgagee and cure the default. In […]
equity of redemption Read More »
quia timet (kwI-[schwa] tI-m[schwa]t orkwee-[schwa] tim-et). [Latin “because he fears”] A legal doctrine that allows a person to seek equitable relief from future probable harm to a specific right or interest. [Cases: Equity 17. C.J.S. Equity § 55.] “A second class of cases where equity courts act to prevent injury are known as ‘quia timet’
patent-misuse doctrine. An equitable rule that a patentee should not be allowed to use a patent to effectively broaden the scope of the patentee’s monopoly in restraint of trade or otherwise against the public interest. • Two common examples of anticompetitive broadening are (1) using a patent to restrain competition from an unpatented product or
patent misuse doctrine Read More »