Hawaii Revised Statutes 533-5 – In surplus after purchase-money mortgage paid
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Hawaii Revised Statutes 533-5
- Dower: A widow
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
Where in such case the mortgagee, or those claiming under him, after the death of her husband, causes the land mortgaged to be sold, and any surplus remains, after the payment of the moneys due on the mortgage, and the costs and charges of the sale, the widow shall be entitled to the interest or income of the one-third part of the surplus, for her life, as her dower.