mortgagee in possession

A mortgagee who takes control of mortgaged land by agreement with the mortgagor, usu. upon default of the loan secured by the mortgage. [Cases: Mortgages 187. C.J.S. Mortgages §§ 57, 288.]
专业法律词汇 词条贡献者
法律翻译Jenny,毕业于一所旨在培养高级翻译专业人才的翻译院校,专注翻译各类与重组与破产有关的法律文件。
Scroll to Top