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Equity legal definition of equity
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from foreclosed homeowners in exchange for allowing the homeowner to stay in the property as a tenant. Most often, these transactions take advantage of uninformed, low-income homeowners. Because of the complexity of the transaction and false assurances given by rescue artists, victims are often unaware that they are giving away their property and equity. In recent years, several states have taken steps to confront the more unscrupulous practices of equity stripping. Although "foreclosure reconveyance" schemes can be beneficial and ethically conducted in some circumstances, many times the practice relies on fraud and ...
News4u-News Desk-With a spurt in incidents of honour killings across the country, the Government decided to set up a Group of Ministers (GoM) to consider amendments to the law to deal with the issue and said the bill for that will be brought in the monsoon session of Parliament. “Government wants amendments to be brought to Parliament in the monsoon session,” Information and Broadcasting Minister Ambika Soni told reporters after the meeting of the Union Cabinet in New Delhi on Thursday. Apart from a Group of Ministers (GoM) which would be set up to consider ... Read More
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