Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun One, usually a lender or a bank, that holds a mortgage.
from The Century Dictionary.
- noun One to whom property is mortgaged.
from the GNU version of the Collaborative International Dictionary of English.
- noun (Law) The person to whom property is mortgaged, or to whom a mortgage is made or given.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun One who
provides aloan secured upon the borrowers' property, the lender in amortgage agreement.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the person who accepts a mortgage
Etymologies
Sorry, no etymologies found.
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Examples
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Call the mortgagee and use these words to open the conversation:
MORE WEALTH WITHOUT RISK CHARLES J. GIVENS 1995
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Call the mortgagee and use these words to open the conversation:
MORE WEALTH WITHOUT RISK CHARLES J. GIVENS 1995
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The factory owner, the mine owner, the ship owner, who thought it safe twenty years ago to borrow half the value of his plant in order to find capital for his business, now finds that the mortgagee is the virtual owner.
If Not Silver, What? John W. Bookwalter
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A clause in a note, which entitles the mortgagee (lender) to declare the note due and payable in full prior to its stated maturity date.
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Often our customers were facing potentially hard times such as mortgagee sales.
NZ On Screen 2010
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I've heard talk the 'mortgagee' tag is used to drag out the bargain hunters to properties that are simply normal sales.
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I've heard talk the 'mortgagee' tag is used to drag out the bargain hunters to properties that are simply normal sales.
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"While a mortgagee is a 'purchaser' to the extent of his interest in the mortgaged property and where it appears that he is bona fide purchaser for value and 'without notice of any secret unrecorded claim or interest' in such property, he will be protected.
Articles Home Equity Theft Reporter 2010
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"While a mortgagee is a 'purchaser' to the extent of his interest in the mortgaged property and where it appears that he is a bona fide purchaser for value and 'without notice of any secret unrecorded claim or interest' in such property, he will be protected.
Articles Home Equity Theft Reporter 2010
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I remember it was passed decades ago to be sure a mortgagee would have clear account of the lending terms.
Comments
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