Mortgage Law - Legal Aspects

Legal Aspects

Mortgages may be legal or equitable. Furthermore, a mortgage may take one of a number of different legal structures, the availability of which will depend on the jurisdiction under which the mortgage is made. Common law jurisdictions have evolved two main forms of mortgage: the mortgage by demise and the mortgage by legal charge.

Read more about this topic:  Mortgage Law

Famous quotes containing the words legal and/or aspects:

    Narrative prose is a legal wife, while drama is a posturing, boisterous, cheeky and wearisome mistress.
    Anton Pavlovich Chekhov (1860–1904)

    It is always a sign of an unproductive time when it concerns itself with petty and technical aspects [in philology], and likewise it is a sign of an unproductive person to pursue such trifles.
    Johann Wolfgang Von Goethe (1749–1832)