A forced sale of real property, typically at a public auction after the property has been foreclosed upon and seized by the lender as a result of the borrower defaulting on a mortgage. The property is sold and proceeds used to pay off the outstanding loan. … [Read more...]
FOREIGN LAWS
evidence. The laws of a foreign country. They will be considered with regard to, 1. The manner in which they are to be proved. 2. Their effect when proved. 2. l. The courts do not judicially take notice of foreign laws, and they must therefore be proved as facts. … [Read more...]
FOREFAULT
In Scotch law. To forfeit; to lose. … [Read more...]
FOREIGN NATION OR STATE
A nation totally independent of the United States of America 2. The constitution authorizes congress to regulate commerce with foreign nations. This phrase does not include an Indian tribe, situated within the boundaries of a state, and exercising the powers of government and sovereignty. 5 Pet. R. 1. Vide Nation. … [Read more...]
FOREGIFT
A premium for a lease. … [Read more...]