dry mortgage
A mortgage that creates a lien on property but does not impose on the mortgagor any personal liability for any amount that exceeds the value of the premises.
A mortgage that creates a lien on property but does not impose on the mortgagor any personal liability for any amount that exceeds the value of the premises.
dry mortgage 有限责任抵押 指在不动产上创设的一种担保,但其未对抵押人〔mortgagor〕设定任何个人责任〔personal liability〕,即抵押人的担保责任以抵押财产的价值为限,对超过部分的债务不承担担保责任。