Mortgage law

id: mortgage-law-173-10327030
title: Mortgage law
text: A mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan. Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien. A mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land from the owner to the mortgage lender, on the condition that this interest
brand slug: wiki
category slug: encyclopedia
description: Legal mechanisms used to secure the performance of obligations
original url: https://en.wikipedia.org/wiki/Mortgage_law
date created: 2003-07-02T15:15:41Z
date modified: 2024-09-02T11:57:56Z
main entity: {"identifier":"Q111699874","url":"https://www.wikidata.org/entity/Q111699874"}
image:
fields total: 13
integrity: 15

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