Mortgage Meaning In Tamil

mortgage tamil meaning example. he mortgaged the house for one year. he mortgaged his house to buy a new apartment.

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A mortgage is the transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability.

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Meaning of ‘hypothecation’ in Tamil – ‘English to Tamil’ Dictionary with meanings in english for tamil words. Tamil Vocabulary, Transliterations, Meanings in Online Tamil Dictionary

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Mortgage definition Noun. A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.

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By Amy Fontinelle. A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large real estate purchases without paying the entire value of the purchase up front.

Mortgagor definition, a person who mortgages property. See more.

"mortgage" , Malayalam meaning and translation of the word "mortgage"

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Definition of mortgage deed: Type of mortgage in which a borrower transfers (conveys) his or her right to the ownership (title) in a property to a lender as security.