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Definition of Mortgagor
1. Noun. The person who gives a mortgage in return for money to be repaid. "We became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home"
Definition of Mortgagor
1. Noun. (alternative spelling of mortgager) ¹
¹ Source: wiktionary.com
Definition of Mortgagor
1. [n -S]
Lexicographical Neighbors of Mortgagor
Literary usage of Mortgagor
Below you will find example usage of this term as found in modern and/or classical literature:
1. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1918)
"A title subsequently acquired by a mortgagor who, at the time of giving the
mortgage, had only a parol contract for the purchase of the land, was held, ..."
2. Reports of Cases Argued and Determined in the High Court of Chancery: During by Great Britain Court of Chancery, Edward Thurlow Thurlow, Alexander Wedderburn Rosslyn, Jonathan Cogswell Perkins (1844)
"Upon the other point, the mortgagee may convey the estate, the land vested in
him, without the privity of the mortgagor: he cannot charge more money: he ..."
3. A Treatise on the American Law of Landlord and Tenant: Embracing the by John Neilson Taylor (1869)
"A mortgagor in possession, according to English law, is regarded as a tenant at
will to the mortgagee ;2 who, being the legal owner, is entitled at law to ..."
4. Handbook of the Law of Insurance by William Reynolds Vance (1904)
"The rights of the mortgagor and mortgagee in the proceeds of insurance npon ...
(a) When the mortgagor insures his own interest for his separate benefit, ..."
5. The Law of Contracts by Samuel Williston, Clarence Martin Lewis (1920)
"The phrase commonly used is that the mortgagee is "sub- rogated" to the rights
of the mortgagor, who is the promisee. The use of the word subrogation is not ..."
6. Commentaries on American Law by James Kent (1854)
"Of the rights of mortgagor. (1.) His character at law. Upon the execution of a
mortgage, the legal estate vests in the mortgagee, subject to be defeated ..."
7. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1910)
"The cases above cited, and those therein referred to, agree that his title and
right of possession are subject to the right of the mortgagor, or his vendee, ..."
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