Real Security Law and Legal Definition
Real security refers to a security in property rather than in the undertaking of a surety or guarantor. Corporate mortgages are as completely a real security as the mortgage of an individual. The term real security was incorporated in U.S. legislation as early as 1824, P. L. 194. [Benade's Estate, 1942 Pa. Dist. & Cnty. Dec. LEXIS 394 (Pa. C.P. 1942)].
Legal Definition list
Related Legal Terms
- Abandoned Security Property [Agriculture]
- Abjuration of the Realm
- Access Control List [National Security]
- Access Control Mechanism [National Security]
- Accessible Space [National Security]
- Adverse Claim on Security
- Agricultural Biosecurity
- Agricultural Real Estate
- Air of Reality Test
- Alternate COMSEC Custodian [National Security]
