mortgage deed

The instrument creating a mortgage.

• A mortgage deed typically must contain (1) the name of the mortgagor, (2) words of grant or conveyance, (3) the name of the mortgagee, (4) a property description sufficient to identify the mortgaged premises, (5) the mortgagor’s signature, and (6) an acknowledgment. To be effective and binding, a mortgage deed must also be delivered. [Cases: Mortgages 42. C.J.S. Mortgages § 93.]

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词条贡献者

法律翻译Terence，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与房地产与土地使用诉讼有关的法律文件。