Dragnet Clause

Concept of Dragnet Clause in the context of Real Property

A short definition of Dragnet Clause: A clause in a mortgage or deed of trust which places the real estate as security for existing debts between the parties.

Concept of Dragnet Clause in the context of Real Property

A short definition of Dragnet Clause: A clause in a mortgage or deed of trust which places the real estate as security for existing debts between the parties.