- mortgage contingency clause
- Clause in an agreement for sale of real estate conditioning the purchaser's performance on his obtaining a mortgage from a third party
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
mortgage contingency clause
Look at other dictionaries:
mortgage contingency clause — Clause in an agreement for sale of real estate conditioning the purchaser s performance on his obtaining a mortgage from a third party … Black's law dictionary
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
Lock Period — A number of days, often 30 or 60, during which the interest rate promised on a pending mortgage loan cannot be changed. Because mortgage interest rates can fluctuate while you are shopping for a home, borrowers who are waiting to close on a home… … Investment dictionary
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… … Universalium
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
List of real estate topics — This aims to be a complete list of the articles on real estate. NOTOC compactTOC # *72 hour clause A *Abstract of title *Acknowledgment *Acre A measure of land *Ad valorem tax *Adjustable rate mortgage (ARM) *Administrator/Administratrix *Adverse … Wikipedia
Index of real estate articles — Property law Part of t … Wikipedia
