TERMIUM Plus®

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

SHARED EQUITY MORTGAGE [1 record]

Record 1 1989-06-12

English

Subject field(s)
  • Loans
  • Real Estate
DEF

A form of mortgage loan in which the lender gives the borrower a low interest rate in return for sharing in the ownership of a house (shared equity) or in the expected increase in value of a property (shared appreciation). The lender takes his share when the house is sold or refinanced.

French

Domaine(s)
  • Prêts et emprunts
  • Immobilier

Spanish

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