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absolute deed as mortgage

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 60 U.S. 289 - Archibald Babcock v. Edward Wyman · 1856Most cited · 28 citing opinions

The well-settled rule in equity is, that it is not competent to show by parol evidence that an absolute deed was intended only as a mortgage, except upon the ground that the written defeasance was omitted by fraud, accident, or mistake.