TERMIUM Plus®

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

second mortgagee [1 record]

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Filter results by subject field

Alphabetical list of terms

Record 1 2015-09-17

English

Subject field(s)
  • PAJLO
  • Law of Security
CONT

... if you have two mortgages on the property and the second mortgagee decides to exercise its POS [power of sale], then the mortgage held by the first mortgagee will have to be paid off before the second mortgagee receives any money ...

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

créancier hypothécaire de deuxième rang; créancière hypothécaire de deuxième rang : termes normalisés par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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