Definitions (3)
2. The act of making demands or assertions. For example, one party of a contract may make claims that the other is in breach of contract.
3. Rights that an individual or legal entity is entitled to. For example, an individual or business can have claims on a title signifying ownership of some land.
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- Can a bank claim security interest on unpaid goods of a third party?
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- Analysis of Auto Parts Inc., Case
- so what happens when a lender gets judgement to forclose and sell on equitable mortagage and a 3rd party claims to have purchased the property
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