TERMIUM Plus^®

Fiche 1,  Justifications,  Anglais

Record number: 1, Textual support number: 1 OBS

When a mortgage is viewed as a lien--that is, a claim against or right in property--the question of priority of claim may arise, for if the borrower requires additional funds the same property may be mortgaged not once but two or more times. A first mortgage has prior claim, though not necessarily in time; a second mortgage has second claim, after the first mortgage .... In the case of default, the holder of a second mortgage generally receives no payment until the claims of the first mortgage have been satisfied.  2, fiche 1, Anglais, - priority%20of%20mortgage

Fiche 1,  Justifications,  Français

Record number: 1, Textual support number: 1 CONT

Priorité. État d'une chose qui est la première de plusieurs autres, par le temps et par le rang: priorité d'hypothèque, de nature, d'origine.  2, fiche 1, Français, - priorit%C3%A9%20d%27hypoth%C3%A8que

Fiche 1,  Justifications,  Espagnol

Fiche 2,  Justifications,  Français

Fiche 2,  Justifications,  Espagnol