first mortgage

A mortgage that is senior to all other mortgages on the same property. [Cases: Mortgages 151. C.J.S. Mortgages §§ 210–212, 226.]

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词条贡献者

资深译员Betty，毕业于亚洲一流的高级翻译学院，专注翻译各种与商业移民有关的法律文件。