TERMIUM Plus®

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

PURCHASE MONEY MORTGAGE [2 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2012-07-09

English

Subject field(s)
  • Administration (Indigenous Peoples)
  • Loans
  • Property Law (common law)
DEF

A mortgage given by a purchaser to his seller, as distinguished from a mortgage given by a purchaser to someone other than the seller. Also known as a "mortgage-back".

French

Domaine(s)
  • Administration (Peuples Autochtones)
  • Prêts et emprunts
  • Droit des biens et de la propriété (common law)
DEF

Hypothèque consentie au vendeur par l'acheteur, par opposition à l'hypothèque donnée par l'acheteur à une autre personne. Connue aussi sous le nom d'"hypothèque en retour".

OBS

Fiche terminologique en transactions immobilières fournie par le ministère des Affaires indiennes.

Spanish

Save record 1

Record 2 2003-01-29

English

Subject field(s)
  • Investment
  • Stock Exchange
CONT

It is customary to permit the assumption of purchase money mortgages. These are liens attached to a new property subsequently acquired and they do not affect the position of the holders of mortgage bonds already outstanding.

French

Domaine(s)
  • Investissements et placements
  • Bourse
DEF

Hypothèque grevant de nouveaux biens acquis ultérieurement et ne modifiant pas la situation des porteurs d'obligations hypothécaires déjà en circulation.

Key term(s)
  • hypothèque garantissant le montant non liquidé du prix d'achat d'un bien

Spanish

Campo(s) temático(s)
  • Inversiones
  • Bolsa de valores
Save record 2

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