Legal Glossary

Mortgage Bond

Definition

A legal arrangement in which immovable property serves as security for a loan.

Where immovable property acts as security for a bond agreement between the debtor and a financial institution, such as a bank.

More "M" Terms

Maintenance Court Maintenance Officer Mala Fide Marriage Marriage in Community of Property Marriage Officer Marriage out of community of property with the accrual system Marriage out of community of property without the accrual system Mitigation Monogamous Marriage
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