§ 49-1 When foreclosure a bar to further action on debt
§ 49-2 Inclusion of taxes and other items as part of mortgage debt. Open-end mortgage. Reverse annuity mortgage. Negative amortization
§ 49-2a Interest on funds held in escrow for payment of taxes and insurance
§ 49-2b Interest on escrow accounts; regulations of Banking Commissioner
§ 49-2c Exceptions
§ 49-3 Mortgage securing future advancements
§ 49-4 Mortgages by U.S. government and certain credit associations and banks to secure future advancements
§ 49-4a Open-end mortgages, United States or its instrumentalities and certain banks authorized to hold
§ 49-4b Open-end mortgage as security for guaranty of an open-end loan. Mortgage deed requirements. Description of loan and secondary liability
§ 49-4c Mortgage as security for obligations under an electricity purchase agreement
§ 49-5 Mortgages on property of public service companies
§ 49-5a Master mortgage recording
§ 49-5b Required information in a mortgage contingency clause
§ 49-6 Trust mortgages
§ 49-6a Definitions. Interim financing policy disclosure required
§ 49-6b Definitions
§ 49-6c Notice of late fee required. Exception
§ 49-6d Legal representation
§ 49-7 Agreements concerning expenses and attorneys’ fees
§ 49-7a Lenders prohibited from requiring multiple original notes
§ 49-7f Mortgage brokers and lenders prohibited from referring buyers of real property to a real estate broker, salesperson or attorney for a fee or commission. Suspension or revocation of licenses
§ 49-8 Release of satisfied or partially satisfied mortgage or ineffective attachment, lis pendens or lien. Damages
§ 49-8a Release of mortgage. Affidavit. Recording of affidavit with town clerk. Penalty for recording false information
§ 49-9 Release of mortgage, mechanic’s lien or power of attorney. Form of instrument. Index. Operation of executed release
§ 49-9a Validation of release of mortgage. Affidavit
§ 49-10 Assignment of mortgage debt. Form of instrument. Requirements. Sufficient notice of assignment. Allocation of recording fees paid by a nominee of a mortgagee. Operation of executed assignment
§ 49-10a Request for payoff statement or reinstatement payment statement
§ 49-10b Residential real estate transaction involving payoff of mortgage loan. Disclosure statement prepared and sent to mortgage holder by notification agent. Form
§ 49-11 Release of mortgage by executor, administrator, spouse, next of kin, guardian, conservator or other suitable person
§ 49-12 Release of mortgage by foreign executor, administrator, trustee, conservator or guardian
§ 49-13 Petition for discharge of mortgage or ineffective attachment, lis pendens or lien
§ 49-13a Undischarged mortgage invalid as further lien. Time periods. Tolling of time period by recording notice
§ 49-14 Deficiency judgment
§ 49-15 Opening of judgments of strict foreclosure
§ 49-16 Foreclosure certificate. Penalty
§ 49-17 Foreclosure by owner of debt without legal title
§ 49-17a Collection of rental payments without legal title
§ 49-18 Foreclosure by executor, administrator or trustee
§ 49-19 Title to vest in encumbrancer paying debt and costs
§ 49-20 Redemption by holder of encumbrance on part of property foreclosed
§ 49-21 Defendant to receive and file certificate of satisfaction or certificates of judgment of strict foreclosure or foreclosure by sale
§ 49-22 Execution of ejectment on foreclosure judgment. Disposition of property
§ 49-22a Execution of ejectment on foreclosure judgment on mortgage guaranteed by Administrator of Veterans’ Affairs
§ 49-23 Ejectment by mortgagee barred by tender of debt and costs
§ 49-24 Court may foreclose lien or mortgage on land by sale or market sale
§ 49-24a Definitions
§ 49-24b Agreement to pursue foreclosure by market sale
§ 49-24c Appraisal of property in foreclosure by market sale
§ 49-24d Listing agreement in foreclosure by market sale
§ 49-24e Contract for sale of property in foreclosure by market sale
§ 49-24f Judgment of foreclosure by market sale
§ 49-24g Right-of-first-refusal law days
§ 49-25 Appraisal of property
§ 49-26 Conveyance; title of purchaser
§ 49-27 Disposal of proceeds of sale
§ 49-28 When proceeds of sale will not pay in full
§ 49-29 Expenses of sale and costs
§ 49-30 Omission of parties in foreclosure actions
§ 49-30p Underwater mortgage: Definitions
§ 49-30q Modification of underwater mortgage
§ 49-30r Conveyance of property encumbered by underwater mortgage in satisfaction of mortgagor’s obligation. Transfer agreement
§ 49-30s Transfer agreement to convey property subject to underwater mortgage
§ 49-30t Judgment of loss mitigation following agreement under section 49-30q or 49-30r
§ 49-30u Judgment of loss mitigation following agreement under section 49-30s
§ 49-30v Nonentry of judgment of loss mitigation
§ 49-30w Junior lien on property encumbered by underwater mortgage
§ 49-31 Actions against the state
§ 49-31a Subordination clauses
§ 49-31b Information in deed sufficient notice as to nature and amount of obligation. Deed for variable rate mortgage loan
§ 49-31c When subordination not subject to statute of frauds and automatically effective
§ 49-31d Definitions
§ 49-31e Application for protection from foreclosure
§ 49-31f Application for protection from foreclosure action. Qualifications. Court determination of eligibility. Stay of foreclosure action
§ 49-31g Restructuring of mortgage debt by court
§ 49-31h Partial payment by homeowner mandated by court as condition for granting of restructuring order
§ 49-31i Determination of restructured mortgage debt. Limitations on amount of mortgage debt following restructuring. Computation of new mortgage debt
§ 49-31j Regulations
§ 49-31k Definitions
§ 49-31l Foreclosure mediation: Notice of foreclosure mediation program. Forms. Procedure. Stay of litigation
§ 49-31m Foreclosure mediation program
§ 49-31n Mediation period. Information required. Termination of program
§ 49-31o Consent of mortgagee required for changes. Disclosure of information submitted to mediator
§ 49-31p Successor in interest in foreclosed property secured by federally-related mortgage loan. Assumption of interest limited. Definitions
§ 49-31q Successor in interest in foreclosed property. Termination of tenant lease and assumption of interest subject to tenant lease
§ 49-31r Foreclosure mediation: Notice of community-based resources
§ 49-31s Simultaneous filing of motions for judgment of foreclosure and for default for failure to appear permitted for vacant, abandoned and unoccupied real property
§ 49-31v Foreclosure mediation program: Funding

Terms Used In Connecticut General Statutes > Chapter 846

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • banks: shall include all incorporated banks. See Connecticut General Statutes 1-1
  • certified check: shall be construed to include any bank treasurer's or cashier's check. See Connecticut General Statutes 1-1b
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • farm: includes farm buildings, and accessory buildings thereto, nurseries, orchards, ranges, greenhouses, hoophouses and other temporary structures or other structures used primarily for the raising and, as an incident to ordinary farming operations, the sale of agricultural or horticultural commodities. See Connecticut General Statutes 1-1
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Grantor: The person who establishes a trust and places property into it.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • month: means a calendar month, and the word "year" means a calendar year, unless otherwise expressed. See Connecticut General Statutes 1-1
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • oath: shall include affirmations in cases where by law an affirmation may be used for an oath, and, in like cases, the word "swear" shall include the word "affirm". See Connecticut General Statutes 1-1
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Probate: Proving a will
  • Real Estate Settlement Procedures Act: Federal law that, among other things, requires lenders to provide "good faith" estimates of settlement costs and make other disclosures regarding the mortgage loan. RESPA also limits the amount of funds held in escrow for real estate taxes and insurance. Source: OCC
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.