Definition of Mortgagor. Meaning of Mortgagor. Synonyms of Mortgagor

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

Definition of Mortgagor

Mortgagor
Mortgageor Mort"gage*or, Mortgagor Mort"ga*gor, n. (Law) One who gives a mortgage. Note: The letter e is required analogically after the second g in order to soften it; but the spelling mortgagor is in fact the prevailing form. When the word is contradistinguished from mortgagee it is accented on the last syllable (?).

Meaning of Mortgagor from wikipedia

- of property involves the following parties. The borrower, known as the mortgagor, gives the mortgage to the lender, known as the mortgagee. A mortgage...
- (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation...
- the right of a mortgagor to redeem his or her property once the debt secured by the mortgage has been discharged. Historically, a mortgagor (the borrower)...
- decree that unless the mortgagor paid the debt by a date certain (and after the law date set in the mortgage), the mortgagor would thereafter be barred...
- a mortgage loan. Its purpose is to offset losses in the case where a mortgagor is not able to repay the loan and the lender is not able to recover its...
- outstanding debt before selling the property. Borrower (also called a "mortgagor"): the person borrowing who either has or is creating an ownership interest...
- mortgagee (lender) does not take possession of the title deeds from the mortgagor (borrower) as security. A puisne mortgage may be registered with HM Land...
- v. Egan 15 La. Ann. 97, 98 (1860). In considering whether to give the mortgagor money damages or restore the property itself, the court said in regard...
- often done when the value of the property has increased allowing the mortgagor to increase their mortgage taking cash out to spend on other things. The...
- the contract agreed to by the lender and borrower (i.e. mortgagee and mortgagor in mortgage states; Trustee and Trustor in Trust Deed states). In general...