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Details
- MORTGAGE AGREEMENT
Description
Mortgage Agreement
This is a "Readymade Format for Mortgage Agreement ".
Legally required caluses are already in agreement Format in addition to, if is required, then you can add or remove the conditions.
A Mortgage Agreement is a legal document outlining the terms and conditions of a loan used to purchase real estate. Key terms often include the amount of the loan, the interest rate, and the length of the loan term. The borrower, or mortgagor, is required to pledge the property as collateral for the loan, and the lender, or mortgagee, has the right to foreclose on the property if the borrower defaults on the loan.
Mortgage Agreement, legal document, loan, real estate, collateral, foreclosure.