Mortgagors is a 10 letter English word. It's valid Scrabble word worth 13 points. It's valid Words with friends word worth 16 points.
You can make 357 anagrams from letters in mortgagors (aggmoorrst).
First recorded in 1575-85; mortgage + -or2
The mortgagor may, subject to the mortgage, lease, sell or devise it.
The borrower is called the mortgagor, the lender the mortgagee.
A mortgagor may mortgage his interest in the personal property by giving a second mortgage.
If the mortgage stipulates that a mortgagor cannot sell his interest, this stipulation is binding.
It is not necessary that the mortgagor have absolute, unencumbered title to the property to give a mortgage.
A mortgagor may sell his interest in the property, subject to the interest of the mortgagee.
It is usual for the mortgagor to insure the property for the benefit of the mortgagee.
This right of the mortgagor to relief is termed his “equity of redemption.”
And the principal cause will be that the mortgagor has discovered that he has no equity in the property.
Does a mortgagor retain an interest which he may dispose of?
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