释义 |
mortgageemort‧ga‧gee /ˌmɔːɡəˈdʒiː $ ˌmɔːr-/ noun [countable] - Every buyer, lessee and mortgagee of property in or in the vicinity of a coalmining area should search before exchanging contracts.
- Every buyer, lessee, mortgagee of registered land should search shortly before completion.
- For example, if the title deeds are left with the company, an equitable mortgagee by deposit will take priority.
- In practice most mortgagees require to join in the conveyance.
- Some mortgagees are dispensing with the involvement of conveyancers with endowment policies altogether.
- Some mortgagees insist on approving the draft conveyance or transfer and regard must therefore be had to the practice of each mortgagee.
- The mortgagee registers a puisne mortgage.
- The second mortgagee should also be a party to receive the additional covenant of the wife.
a person or organization that lends money to people to buy property |