shared appreciation mortgage

A mortgage giving the lender the right to recover (as contingent interest) an agreed percentage of the property’s appreciation in value when it is sold or at some other specified, future date. — Abbr. SAM.

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词条贡献者

法律翻译Wayne，毕业于一所培养最顶级翻译人才的语言学院，专注翻译各类与调查、政府执法和白领刑事辩护有关的法律文件。