Tacking (an old form of “attaching”) is a legal right most usually relevant when the common law resolves competing priorities between two or more security interests arising over the same asset. It is of two types: Tacking the legal estate Tacking further advances Tacking the legal estate refers to the holder of an equitable mortgage getting better security by obtaining legal title to the security (whether by way of mortgage or otherwise).
Tacking (an old form of “attaching”) is a legal right most usually relevant when the common law resolves competing priorities between two or more security interests arising over the same asset. It is of two types: Tacking the legal estate Tacking further advances Tacking the legal estate refers to the holder of an equitable mortgage getting better security by obtaining legal title to the security (whether by way of mortgage or otherwise).
Source: Wikipedia "Tacking (law)" · CC BY-SA 4.0
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