title theory

title theory. Property law. The idea that a mortgage transfers legal title of the property to the mortgagee, who retains it until the mortgage has been satisfied or foreclosed. • Only a few American states — known as title states, title jurisdictions, or title-theory jurisdictions — have adopted this theory. Cf. LIEN THEORY. [Cases: Mortgages 136. C.J.S. Mortgages § 183.]

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词条贡献者

译者Henry，毕业于世界顶级翻译学院，擅长翻译各种与企业管治相关的法律文件。