mortgagors उदाहरण वाक्य
उदाहरण वाक्य
- Normally the party granting the mortgage ( the " mortgagor " ) will remain in possession of the mortgaged asset.
- It gives lender a legal right to collect the remainder of debt out of mortgagor's other assets ( if any ).
- It is custom in drafting mortgage bonds to incorporate an admission of liability by the mortgagor to facilitate a quick and easy remedy.
- {{ Cquote | It is well settled that a mortgagee is not a trustee of the power of sale for the mortgagor.
- Deficiency judgments can be used to place a lien on the borrower's other property that obligates the mortgagor to repay the difference.
- This often created a significant hardship for spouses of deceased HECM mortgagors, so FHA revised the eligibility requirements in Mortgagee Letter 2014-07.
- Crystallisation occurs upon default of the mortgagor and registration of a notice of default, and the mortgage ranks from the date notice is filed.
- The latter provides that, if the mortgagor defaults, the mortgagee may take possession of the mortgaged property and arrange for a private sale.
- The mortgagor is vitally affected by the result of the sale but its preparation and conduct is left entirely in the hands of the mortgagee.
- In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.