FOLIO Ontology

Navigation:

Browse Tree

Download as:

JSON JSON-LD XML MD

Mortgagee

IRI:
https://folio.openlegalstandard.org/R9mh7fC3v6u4exodERd3fmK
Preferred Label N/A
Alternative Labels

None

Definition

A Mortgagee is the lender in a mortgage transaction, typically a bank or financial institution, that provides funds for the borrower (mortgagor) to purchase property. The mortgagee holds a lien on the property as security for the loan repayment and can foreclose on the property if the borrower fails to meet the terms of the mortgage.

Class Relationships

Parent(s)

Is Defined By

N/A

See Also

Children 0

  • • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • • None

Editorial Information

History Note

None

Editorial Note

None

Identifier

N/A

Deprecated

No

Source and Origin

No source or origin information available