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Understanding Mortgages: Definition, Operation, and Implications

Nov 3, 2022 · A mortgage is a right granted to a creditor on immovable property as security for a debt, without the owner of the property being dispossessed of it. 6 Apr 2022 · [HYPOTHEQUE] The mortgage is one of the means of obtaining property. This guarantees the solvency of a borrower with a lender. Contents Definition Operation Gage et. 1. Right in rem, real estate and indivisible, with which real estate is encumbered to guarantee the payment of a claim. 2. Cause of depreciation, loss of value; what prevents the achievement of something: This decision weighs a heavy mortgage on the discussions to come. . Definition of mortgage. According to the Civil Code, a mortgage is a “real right on a building assigned to the discharge of an obligation”. The mortgage involves two actors: a debtor or borrower who must prove the security of his ability to repay. Right granted to a creditor on immovable property as security for a debt, without the owner of the property being dispossessed of it. pledge, guarantee. Loan against mortgage. figuratively Obstacle, difficulty that hinders or calls into question the accomplishment of sth. def. syn. ex. 17th c. Synonyms Synonyms of mortgage female noun pledge, guarantee. June 7, 2022 The conventional mortgage of a mortgage is a guarantee that the bank can impose when granting a loan to finance the purchase of real estate: titleContent. L. May 5, 2019 · Definition of mortgage: A mortgage is a real estate security constituted on real estate provided as security for the debt by the debtor or a third party. It confers on the creditor a right of preference and a right of continuation which enable him to continue the sale in some hands that the good is. MORTGAGE, verb trans. A. − DR. CIVIL. Indivisible real right, granted to a creditor on immovable property (or exceptionally on movable property) as security for a debt, without the owner of the encumbered property being deprived of it. The notary came in, bringing them good news.

2023-07-23 13:46:57
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