relief

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Related to Mortgage Interest Relief: Mortgage Interest Relief At Source

Relief

Financial assistance provided to the indigent by the government. The redress, or benefit, given by a court to an individual who brings a legal action.

The relief sought in a lawsuit might, for example, be the return of property wrongfully taken by another, compensation for an injury in the form of damages, or enforcement of a contract.

relief

n. generic term for all types of benefits which an order or judgment of court can give a party to a lawsuit, including money award, injunction, return of property, property title, alimony, and dozens of other possibilities. (See: judgment)

relief

(Aid), noun accommodation, assistance, auxilium, avail, backing, care, cooperation, help, ministration, ministry, promotion, rescue, respite, salvation, subsidium, succor, support, sustenance, treatment

relief

(Legal redress), noun award, compensation, correction, decision, indemnification, judgment, payment, recompense, rectification, remedy, reparation, restitution, restoration, retribution, satisfaction
Associated concepts: affirmative relief, bill of discovery and relief, complete relief, declaratory relief, further relief, priiary relief, supplemental relief
Foreign phrases: Judex non reddit plus quam quod petens ipse requirit.A judge should not render judgments for a larger sum than the plaintiff demands.

relief

(Release), noun abatement, alleviation, assuagement, deliverance, diminishment, discharge, disencumberance, easement, liberation, mitigation, palliation, reduction, remedium, remission, respite, rest, sublevatio
See also: abatement, aid, assistance, benefit, benevolence, betterment, charity, contour, cure, help, immunity, indemnification, mitigation, mollification, outline, panacea, reinforcement, remedial statute, remedy, remission, reparation, replacement, service, shape, solace, substitute, support

relief

1 an allowance from total income for income tax purposes.
2 the obligation to redress the unjust enrichment gained by A when B pays a decree under which A was also jointly or proportionately liable. In the UK there is statutory provision for relief in very many cases.
3 the opportunity to avoid the forfeiture of a lease. Forfeiture of a lease may follow upon a breach by a tenant of a fundamental term (the procedure is contained in the Law of Property Act 1925); relief maybe available if the default is capable of being remedied and the tenant is willing to remedy it (e.g. payment of arrears of rent due). For Scotland, see IRRITANCY.

RELIEF, Eng. law. A relief was an incident to every feudal tenure, by way of fine or composition with the lord for taking up the estate which was lapsed or fallen in by the death of the last tenant. At one time the amount was arbitrary; but afterwards the relief of a knight's fee became fixed at one hundred shillings. 2 Bl. Com. 65.

RELIEF, practice. That assistance which a court of chancery will lend to a party to annul a contract tinctured with fraud, or where there has been a mistake or accident; courts of equity grant relief to all parties in cases where they have rights, ex aequo et bono, and modify and fashion that relief according to circumstances.

References in periodicals archive ?
The government's decision to restrict BTL mortgage interest relief reflects a willingness to put investors and owner-occupied borrowers on a more level playing field, given that the latter cannot claim tax relief on their mortgages," observed Emily Rombeau, a Moody's analyst.
The proposal aims to aid Filipino families in acquiring their first family home by providing for a Home Mortgage Interest Relief which is an individual income tax incentive," said Loyola.
Mortgage interest relief at source (MIRAS) to be cut from 10 per cent to five or scrapped, costing average families pounds 200 a year.
5 billion a year by abolishing "landlord perks" such as mortgage interest relief.
And never was it truer in the case of AIB's glib response to the furious customers it left without mortgage interest relief in February.
Its Personal Insolvency Bill contains a bank veto, Mortgage Interest Relief has effectively been abolished and standard variable rates have been allowed to run amok.
Under Labour, home ownership is becoming the privilege of the few, and the barrage of increased taxes such as stamp duty, council tax and the abolition of mortgage interest relief mean it is more difficult than ever for people to buy a home of their own.
These include the abolition of mortgage interest relief and the married couple's allowance.
Abolition of mortgage interest relief next year will cut spending by 1.
Would I be entitled to mortgage interest relief on a second mortgage and are there any expenses I can claim tax against?
The bank's mortgage interest relief was not paid in February leaving customers short - and some ending up overdrawn.
Restricting landlord mortgage interest relief on residential and nonresidential properties by just 10% would bring in EUR75million.

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