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DEFORCEMENT

by Law Professor

Deforcement is where a man wrongfully holds lands to which another person is entitled. It therefore includes disseisin, abatement discontinuance, and intrusion. Co. Litt 277b, 331b; Foxworth v. White, 5 Strob. (S. C.) 115; Woodruff v. Brown, 17 N. J. Law, 269; Hopper v. Hopper, 21 N. J. Law, 543. But it is applied especially to cases, not falling under those heads, where the … [Read more...] about DEFORCEMENT

DEFICIENCY

by Law Professor

(A) Finance: The amount of a debt that remains after the security for the loan has been sold and does not cover the entire balance of the loan. (B) Tax: The amount that the IRS determines is owed that is in excess of what the taxpayer filed as owed. Law Dictionary - Alternative Legal Definition A lack, shortage, or insufficiency. The difference between the total amount of the … [Read more...] about DEFICIENCY

DEFORCIANT

by Law Professor

One who wrongfully keeps the owner of lands and tenements out of the possession of them. 2 BL Comm. 350. … [Read more...] about DEFORCIANT

DEFICIENCY JUDGMENT

by Law Professor

When a security (such as a home or automobile) is sold to cover the amount due a loan but does not cover the entire balance, a deficiency remains. The creditor owed that deficiency may sue for that amount and obtain a judgment called a deficiency judgment. … [Read more...] about DEFICIENCY JUDGMENT

DEFORCIARE

by Law Professor

To withhold lands or tenements from the right owner. This is a word of art which cannot be supplied by any other word. … [Read more...] about DEFORCIARE

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