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Concept information

Terme préférentiel

second mortgage  

Définition

  • Mortgages are often classified by their priority in the event of the borrower's default and, subsequently, foreclosure. The priority is important because it indicates which claim is to be satisfied in which order. [Source: The Encyclopedia of Housing; Second Mortgage]

Concept générique

Appartient au groupe

URI

http://data.loterre.fr/ark:/67375/N9J-TQBLQFVC-Z

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