Latest news from Moulton, AL collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: American (19.8%), Irish (8.5%), English (5.7%), German (4.3%), Scottish (2.3%), Scotch-Irish (1.8%). Current Local Time: CST time zone. Elevation: 650 feet.
Adverse Interest. Adverse Interest. A right or concern that's contrary to the interest or claim of another. An adverse interest in real property is a claim against the property, such as an easement.
Equitable Charge Law & Legal Definition. Equitable charge refers to a security interest in property granted by a debtor. Equitable charges are similar to mortgage interests, and may be enforced by court order for sale.It does not grant ownership or possession to a creditor but gives him or her the right to the judicial process for recovery of the loan amount in case of non-payment.quitable charges are similar to mortgage interests, and may be enforced by court order for sale.