Assumable Mortgage - Law Dictionary Search Results
Home Dictionary Name: assumable mortgageassumable mortgage
balance that is due when you sell the home an assumable mortgage can help you attract buyers if you sell your … transfer the mortgage to the new buyer this means the mortgage is assumable lenders generally require a credit review of the
assume
assume as 183 sumed as 183 sum 183 ing 1 to … debts or obligations of another as one s own a mortgage
seller take back
provides second mortgage financing these are often combined with an assumed mortgage instead of a portion of the seller s equity … an agreement where the owner of a property provides second mortgage financing these are often combined with an assumed mortgage instead
mortgage
is created by filing a judgment with the recorder of mortgages junior mortgage second mortgage in this entry leasehold mortgage a
Mortgage
english law of property act 1925 first and any subsequent mortgages which are not accompanied by the title deeds and not
Equitable mortgage
a bill or claim in equity either for a legal mortgage a foreclosure and conveyance or a sale and may now
Puisne mortgage
tacking on further advances by a prior mortgagee if that mortgagee has not seen the register at the date of the
Consolidation of mortgages
refuse to allow the mortgagor to redeem one of the mortgages without also redeeming the others the effect being to throw
Increase of Rent and Mortgage (Restrictions) Acts (English)
of which may be cited together as the rent and mortgage interest restrictions acts 1920 to 1935 and the rules and
English mortgage
certain date and transfers the mortgaged property absolutely to the mortgagee but subject to a proviso that he will retransfer it
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