MLchartDataset catalogue

Mortgagor

Term · Law · MLC-T-LAW-003302

The borrower in a mortgage agreement, who pledges their property as collateral for a loan from a lender. This individual or entity retains ownership of the property but grants the mortgagee a lien against it. The mortgagor is obligated to repay the loan according to the terms of the mortgage contract.

Table 1. Record
IdentifierMLC-T-LAW-003302
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003302",
  "term": "Mortgagor",
  "field": "Law",
  "definition": "The borrower in a mortgage agreement, who pledges their property as collateral for a loan from a lender. This individual or entity retains ownership of the property but grants the mortgagee a lien against it. The mortgagor is obligated to repay the loan according to the terms of the mortgage contract.",
  "url": "https://mlchart.com/terminology/law/mortgagor/"
}

Record 3,276 of 5,441 in Law terminology (MLC-0107). Request the full dataset.