deed given to secure a debt |
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Definition
Type of mortgage in which a borrower transfers (conveys) his or her right to the ownership (title) in a property to a lender as security for a loan. Also called deed for mortgage or mortgage deed.
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deed given to secure a debt is in the Banking, Commerce & Finance, Corporate, Commercial, & General Law and Real Estate & Buildings subjects.
deed given to secure a debt appears in the definition of the following term: deed of mortgage
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