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mortgagor

/ˈmɔːɡɪɡɔː/

/ˈmɔrɡɪɡɔr/

mortgagorsubstantiv

mortgagors

Pl.

/ˈmɔːɡɪɡɔː/

/ˈmɔrɡɪɡɔr/

Übersetzungen

The mortgagor is responsible for making monthly payments to the lender.

Ипотекодатель обязан ежемесячно вносить платежи кредитору.

Zusätzliche Übersetzungen

Definitionen

A person or entity that grants a mortgage on property as security for a debt; the borrower in a mortgage transaction.

If the mortgagor defaults on the loan, the lender may initiate foreclosure proceedings.

Synonyme

property owner

mortgagoradjektiv

/ˈmɔːɡɪdʒɔː/

/ˈmɔːrɡɪdʒɔr/

Used attributively before a noun to describe matters relating to a mortgagor.

Definitionen

Relating to or characteristic of a mortgagor or the mortgagor's obligations.

The mortgagor covenants listed in the agreement impose several duties on the borrower.