Definition of Mortgage
A mortgage is the transfer of an interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, and existing or future debt or the performance of an engagement which may give rise to a pecuniary liability.
Image Credits © Rev Dan Catt
Parties & Terms Involved In A Mortgage
Mortgage : A temporary loan
Friday, 29 October 2010
Essentials of Mortgage - Rights of Mortgagor - Mortgage Loans
Posted on 23:14 by Unknown
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