TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MORTGAGE POSTPONEMENT [1 record]

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Alphabetical list of terms

Record 1 1992-05-01

English

Subject field(s)
  • Real Estate
  • Loans
DEF

Occurs when a mortgagee relinquishes his priority rank to another; for instance when a second mortgagee accepts to become third mortgagee and vice-versa.

French

Domaine(s)
  • Immobilier
  • Prêts et emprunts
CONT

Entre créanciers privilégiés ou hypothécaires, inscrits à des dates différentes mais sur un même immeuble, peut intervenir un acte juridique, appelé cession d'antériorité, dont l'objet est de changer l'ordre des paiements, le second étant colloqué aux lieu et place du premier et réciproquement.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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