Mortgage repossession — In the UK, the repossession of a person s home due to default on a mortgage is known as mortgage repossession. The process typically involves obtaining firstly an order for possession in the courts, then an eviction warrant. The eviction is… … Wikipedia
mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… … Law dictionary
mortgage — /mawr gij/, n., v., mortgaged, mortgaging. n. 1. a conveyance of an interest in property as security for the repayment of money borrowed. 2. the deed by which such a transaction is effected. 3. the rights conferred by it, or the state of the… … Universalium
Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… … Wikipedia
Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see … Wikipedia
Mortgage Law — Types of mortgage Under the Law of Property Act (1925), which governs mortgage regulations in the UK, there are two types of mortgage, legal and equitable. A legal mortgage confers a legal estate on the mortgagee (lender). Under the 1925 Act, the … Big dictionary of business and management
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
mortgage — I UK [ˈmɔː(r)ɡɪdʒ] / US [ˈmɔrɡɪdʒ] noun [countable] Word forms mortgage : singular mortgage plural mortgages ** a) a legal agreement in which you borrow money from a bank in order to buy a house. You pay back your mortgage by making monthly… … English dictionary
mortgage — mort|gage1 [ mɔrgıdʒ ] noun count ** a legal agreement in which you borrow money from a bank in order to buy a house. You pay back your mortgage by making monthly payments: The mortgage has to be paid off in 15 years. get/obtain/take out/arrange… … Usage of the words and phrases in modern English
Mortgage (England und Wales) — Das mortgage (von frz. mort gage ‚totes Pfand‘, dieses wiederum von mittellat. gagium mortuum) ist im englischen land law Sicherheit für eine Forderung. Es erfüllt regelmäßig wirtschaftlich die Funktionen von Hypothek und Grundschuld, ist in der… … Deutsch Wikipedia