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Translations for „mortgagee“ in the English » Polish Dictionary (Go to Polish » English)

mortgagee [ˌmɔ:gɪˈʤi:, Am ˌmɔ:r-] N LAW

mortgagee

wierzyciel m hipoteczny

Monolingual examples (not verified by PONS Editors)

English

However, if the court orders a sale pursuant to statute, the mortgagee may be expressly permitted to buy. en.wikipedia.org

For the remaining 70,000 they would rank behind the second mortgagee. en.wikipedia.org

A broadly similar approach will be applicable on many applications to enforce a security: for instance, an application by a mortgagee for possession of land. en.wikipedia.org

Moreover, a higher duty of scrutiny will be imposed if a mortgagee sells to a related party. en.wikipedia.org

It follows, held the court, that the mortgagee has no preference above other concurrent creditors in respect of the free residue. en.wikipedia.org

They also act as local managers of properties on behalf of absentee owners deceased estates and mortgagees technically in possession of properties. en.wikipedia.org

Then, the mortgagee, as judgment creditor, issues a writ of execution against the mortgaged property, instructing the sheriff to levy the execution immediately. en.wikipedia.org

Similarly, when the debtor is declared insolvent, the mortgagee is to be regarded as a preferent creditor. en.wikipedia.org

First, some privileged claims could have a higher ranking over that of mortgagee against the ship. en.wikipedia.org

However, in modern times, extinguishing the equity of redemption (and leaving the mortgagee with absolute title to the property) ordinarily requires a court order in most jurisdictions. en.wikipedia.org

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