Counterbalancing Legal Considerations of a Court in Determining Equity:

Contravening Equity – a right or interest that is inconsistent with or contrary to a right sought to be enforced.

Countervailing Equity – a contrary and balancing equity, equally deserving of consideration.

Latent Equity – an equitable claim or right known only by the parties for and against whom it exists, or that has been concealed from one who is interested in the subject matter. — aka secret equity.

Perfect Equity – an equitable title or right that, to be a legal title, lacks only the formal conveyance or other investiture that would make it cognizable at law (i.e. the equity of a real-estate purchaser who has paid the full amount but has not yet received a deed).

Negative Equity – the difference between the value of an asset and the outstanding amount of the loan secured by the asset when the asset’s current value is less than the loan’s balance.


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[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4


Back to Equity Law

Intro to U.S. Law

Legal Precepts Adopted (from Europe) into The U.S. Constitution

§ § of Law Embedded into the Constitution Pursuant to the American Revolution

Indian Country Law

Federal Rules of Procedure

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