Doctrine of Lis Pendens

Introduction: Section 52 of the Transfer of Property Act of 1882 codified the doctrine of Lis Pendens. Lis Pendens means “pending suit” in Latin, with “Lis” meaning “litigation” and “Pendens” meaning “pending.” Lis Pendens is derived from the Latin phrase “ut lite pendente nihil innovetur,” which means “in a pending action, nothing new shall be…

What is a Mortgage?

The word “Mortgage” is something that we have come across as children or young adults, rather frequently. However, what really are these mortgages that people and financial institutions such as banks seem to be oh-so-fond of? What allows it’s recognition and where is it legally enshrined? To have a better understanding of this, let’s have…