subordinated mortgage
subordinated mortgage
A mortgage lien that might have been filed first, but which is agreed among the parties to be treated as a junior lien and inferior to the rights of another mortgage.
单词 | subordinated mortgage |
释义 | subordinated mortgagesubordinated mortgageA mortgage lien that might have been filed first, but which is agreed among the parties to be treated as a junior lien and inferior to the rights of another mortgage. |
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