Definitions of equitable mortgage
an agreement that has the purpose but not the form of a mortgage, and that a court will treat as a mortgage
The Johnsons argue that the sale of their home created an equitable mortgage under Virginia common law.
rzeczownik
full
noun
an agreement that has the purpose but not the form of a mortgage, and that a court will treat as a mortgage
The Johnsons argue that the sale of their home created an equitable mortgage under Virginia common law.