Word:

mortgagor

Noun1.mortgagor - 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"
Synonyms: mortgager

MORTGAGOR, estate's, contracts. He who makes a mortgage.
     2. He has rights, and is liable to certain duties as such. 1. He is quasi tenant, at will; he is entitled to an equity of redemption after forfeiture. 2. He cannot commit waste, nor make a lease injurious to the mortgagee. As between the mortgagor and third persons, the mortgagor is owner of the land. Dougl. 632; 4 McCord, R. 310; 3 Fairf. R. 243; but see 3 Pick. R. 204; 1 N. H. Rep. 171; 2 N. H. Rep. 16; 10 Conn. R. 243; 1 Vern. 3; 2 Vern. 621; 1 Atk. 605. He can, however, do nothing which will defeat the rights of the mortgagee, as, to make a lease to bind him. Dougl. 21. Vide Mortgagee; 2 Jack. & Walk. 194.

debtor, mortgage, mortgager
Translate mortgagor to German
Browse
Mortar bed
Mortar boat
mortar fire
Mortar piece
mortar vessel
mortarboard
Mortgage
mortgage application
mortgage deed
mortgage holder
mortgage loan
mortgage-backed security
mortgaged
Mortgagee
Mortgageor
Mortgager
-- mortgagor --
mortice
mortician
Mortiferous
Mortification
Mortified
Mortifiedness
Mortifier
Mortify
Mortifying
Mortifyingly
Mortimer
Mortise
Mortise and tenon
mortise gear
mortise joint
Mortise lock
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