mortgagors

mortgagors
,mort·ga'gor || ‚mɔːgə'dʒə(r) n. one who mortgages property

English contemporary dictionary. 2014.

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  • Co-mortgagor — A party or individual who cosigns a mortgage loan. Co mortgagors are jointly liable with the other mortgagor for the balance of the mortgage. Often the co mortgagor will also receive a portion of the ownership in the asset in exchange for… …   Investment dictionary

  • Option Adjustable-Rate Mortgage - Option ARM — A type of mortgage where the mortgagor (borrower) has several options as to which type of payment is made to the mortgagee (lender). In addition to having the choice of making payments of interest and principal that amounts to those made in… …   Investment dictionary

  • Tax Service Fee — A legitimate closing cost used to ensure that mortgagors pay their property taxes. A tax service fee is typically paid by the buyer at the time the home is purchased, the lender then passes this sum on to a tax service agency. The role of a tax… …   Investment dictionary

  • Allodial title — is a concept in some systems of property law. It describes a situation where real property (land, buildings and fixtures) is owned free and clear of any encumbrances, including liens, mortgages and tax obligations. Allodial title is inalienable,… …   Wikipedia

  • Fixture (property law) — In the law of real property, fixtures are anything that would otherwise be a chattel that have, by reason of incorporation or affixation, become permanently attached to the real property. At law, fixtures are treated in the same manner as real… …   Wikipedia

  • Chapter 12, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …   Wikipedia

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  • Equity of redemption — The equity of redemption refers to the right of a mortgagor in law to redeem his property once the liability secured by the mortgage has been discharged.Historically, mortgages were made by the mortgagor executing a conveyance of legal title to… …   Wikipedia

  • Chippewas of Sarnia Band v. Canada (Attorney General) — Aboriginal peoples in Canada …   Wikipedia

  • Super jumbo mortgage — A Super Jumbo Mortgage is classified as a residential mortgage or other home equity secured loan in an amount greater than $650,000, although lenders differ on just what constitutes a super jumbo mortgage subject to their own internal investment… …   Wikipedia

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