MLchartDataset catalogue

Mortgagee

Term · Law · MLC-T-LAW-003301

The lender in a mortgage agreement, typically a bank or financial institution, who provides funds to the borrower. This party holds a lien on the borrower's property as security for the repayment of the loan. The mortgagee has the right to foreclose on the property if the mortgagor defaults on their payments.

Table 1. Record
IdentifierMLC-T-LAW-003301
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003301",
  "term": "Mortgagee",
  "field": "Law",
  "definition": "The lender in a mortgage agreement, typically a bank or financial institution, who provides funds to the borrower. This party holds a lien on the borrower's property as security for the repayment of the loan. The mortgagee has the right to foreclose on the property if the mortgagor defaults on their payments.",
  "url": "https://mlchart.com/terminology/law/mortgagee/"
}

Record 3,274 of 5,439 in Law terminology (MLC-0107). Request the full dataset.