TERMIUM Plus®

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

SHARED APPRECIATION MORTGAGE [3 records]

Record 1 2000-03-06

English

Subject field(s)
  • Farm Management and Policy
OBS

Term adopted by the DTSD-Agriculture (CULSEC).

French

Domaine(s)
  • Gestion et politique agricole
OBS

Terme adopté par le Comité d'uniformisation linguistique de la DSTM-agriculture (CULSEC).

Spanish

Save record 1

Record 2 1998-12-10

English

Subject field(s)
  • Loans
  • Real Estate
DEF

A mortgage in which the borrower agrees to share with the lender a sizable percent (often 30% to 50%) of the appreciation in the property's value when the borrower sells or transfers the property, or after a specified number of years. Such mortgages often have relatively low interest rates.

OBS

shared appreciation mortgage: term and text reproduced from The Encyclopedia of Banking and Finance, Tenth Edition (1993), by Glenn G. Munn, F.L. Garcia and Charles J. Woelfel, with the permission of the copyright holder, The McGraw-Hill Companies Inc. In no event shall McGraw-Hill have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with the use of this material.

French

Domaine(s)
  • Prêts et emprunts
  • Immobilier

Spanish

Save record 2

Record 3 1997-01-01

English

Subject field(s)
  • Loans
  • Real Estate
Key term(s)
  • shared appreciation mortgage

French

Domaine(s)
  • Prêts et emprunts
  • Immobilier

Spanish

Save record 3

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