Legal Definition and Related Resources of Purchase money mortgage
Meaning of Purchase money mortgage
A mortgage given on the purchase of land by the purchaser to the vendor to secure the payment of the purchase money, or the unpaid balance thereof.
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| Resource | Description |
|---|---|
| Purchase Money Mortgage in the Dictionary | Purchase Money Mortgage in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Purchase Money Mortgage |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Purchase Money Mortgage in the World Encyclopedia of Law |
Notice
This definition of Purchase Money Mortgage is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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| https://legaldictionary.lawin.org/purchase-money-mortgage/ | The URI of Purchase Money Mortgage (more about URIs) |
Concept of Purchase Money Mortgage in the context of Real Property
Alternatives definitions of Purchase Money Mortgage: (1) A mortgage given from buyer to seller to secure all or a portion of the purchase price. (2) Any mortgage from which the funds are used to purchase the property.
Concept of Purchase Money Mortgage in the context of Real Property
Alternatives definitions of Purchase Money Mortgage: (1) A mortgage given from buyer to seller to secure all or a portion of the purchase price. (2) Any mortgage from which the funds are used to purchase the property.
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