junior mortgage

A mortgage that is subordinate to another mortgage on the same property.

— Also termed puisne mortgage. [Cases: Mortgages 151. C.J.S. Mortgages §§ 210–212, 226.]

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词条贡献者

法律翻译玉晶，毕业于英国一流的高级翻译学院，专注翻译各类与通用数据保护条例有关的法律文件。