third possessor
third possessor. Civil law. A person who acquires mortgaged property but is not personally bound by the obligation secured by the mortgage. [Cases: Mortgages 177. C.J.S. Mortgages §§ 253, 256–257.]
THIRD POSSESSOR
third possessor
third possessor (大陆法)第三占有人 该人取得已抵押之财产，但不承担抵押担保之债务。如果某人购买已设有抵押之动产，则其要么放弃财产，要么清偿该不动产所抵押之债。