Which term describes the individual who gives a mortgage?

Prepare for the Legal Terminology Block 2 Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Boost your legal vocabulary and ace your exam!

The term that describes the individual who gives a mortgage is "Mortgagor." In a mortgage agreement, the mortgagor is the borrower, who pledges their property as security for a loan taken out to finance the property. This individual is accountable for repaying the mortgage loan and fulfilling the terms outlined in the mortgage agreement. In the context of real estate transactions, the mortgagor is crucial as they transfer an interest in the property to the mortgagee, who is typically the lender.

Understanding the roles in a mortgage agreement is key; the mortgagee, for instance, is the lender that provides the funds for the mortgage. "Supporter" and "quash" do not relate to any defined roles in the lender-borrower relationship in real estate or mortgage law, thus making them unsuitable answers in this context.

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