The New Encyclopaedia Britannica, Part 3, Volume 12Encyclopaedia Britannica, 1980 - Encyclopedias and dictionaries |
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Page 459
... land , in that the mortgagee's security interest is not dependent upon his having possession of the land , goods , or documents involved . The mortgage also differs from the long - term contract for sale of land , in which the seller ...
... land , in that the mortgagee's security interest is not dependent upon his having possession of the land , goods , or documents involved . The mortgage also differs from the long - term contract for sale of land , in which the seller ...
Page 460
... land as security for a debt that corresponded in form , although not at all times in effect , to the real - estate mortgage now common in the United States . This was an outright con- veyance of the fee simple ( perpetual ownership ) by ...
... land as security for a debt that corresponded in form , although not at all times in effect , to the real - estate mortgage now common in the United States . This was an outright con- veyance of the fee simple ( perpetual ownership ) by ...
Page 462
... land and a means by which men without available cash can finance the purchase and improvement of land . The real estate mort- gage is what performs this function . By way of simple illustration , suppose the following rur- al problem ...
... land and a means by which men without available cash can finance the purchase and improvement of land . The real estate mort- gage is what performs this function . By way of simple illustration , suppose the following rur- al problem ...
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