Definition of Mortgage deed. Meaning of Mortgage deed. Synonyms of Mortgage deed

Here you will find one or more explanations in English for the word Mortgage deed. Also in the bottom left of the page several parts of wikipedia pages related to the word Mortgage deed and, of course, Mortgage deed synonyms and on the right images related to the word Mortgage deed.

Definition of Mortgage deed

Mortgage deed
Mortgage Mort"gage, n. [F. mort-gage; mort dead (L. mortuus) + gage pledge. See Mortal, and Gage.] 1. (Law) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made. Note: It was called a mortgage (or dead pledge) because, whatever profit it might yield, it did not thereby redeem itself, but became lost or dead to the mortgager upon breach of the condition. But in equity a right of redemption is an inseparable incident of a mortgage until the mortgager is debarred by his own laches, or by judicial decree. --Cowell. Kent. 2. State of being pledged; as, lands given in mortgage. Chattel mortgage. See under Chattel. To foreclose a mortgage. See under Foreclose. Mortgage deed (Law), a deed given by way of mortgage.

Meaning of Mortgage deed from wikipedia

- title using a reconveyance deed. This was the mortgage by conveyance (aka mortgage in fee) or, when written, the mortgage by charter and reconveyance...
- While the mortgage deed or contract itself hypothecates or imposes a lien on the title to real property as security for a loan, the mortgage note states...
- mortgage loan; without this aspect, the loan is arguably no different from any other type of loan. Completion: legal completion of the mortgage deed,...
- mortgage loan. Similar to other types of mortgages, a ship mortgage legally consists of three parts: the mortgage loan, the mortgage do****ent (deed)...
- A mortgage-backed security (MBS) is a type of ****et-backed security (an "instrument") which is secured by a mortgage or collection of mortgages. The mortgages...
- secure performance of contracts other than loans. A deed of trust has a crucial advantage over a mortgage from the lender's point of view. If the borrower...
- grant to a lender, as in mortgage law Chattel mortgage Deed, the mortgage do****ent Hypothec, a specie of en****brance Mortgage (film), a 1990 Australian...
- contrast to the primary market, which for mortgages typically refers to the bank buying the mortgage deed of trust from the homeowner for the face amount...
- Mortgage fraud refers to an intentional misstatement, misrepresentation, or omission of information relied upon by an underwriter or lender to fund, purchase...
- between the lender and borrower called a "mortgage" or "deed of trust". Commonly, the violation of the mortgage is a default in payment of a promissory...