Land contract mortgage definition

Land contract mortgage means a mortgage granted by a vendor or a vendee.
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Examples of Land contract mortgage in a sentence

  • Land contract, mortgage, construction, and condominium lien foreclosure matters and actions involving the enforcement of condominium and homeowners associations governing documents.

  • If YES, check all boxes that apply and complete the table below.Supplemental Security Income (SSI) Child support Disability benefits Veterans Administration (VA) benefits Military Allotments OtherFederal Retirement (Civil Service, FERS) Money from friends or relatives Land contract, mortgage or other notes payable to a household member.

Related to Land contract mortgage

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.