mortgagor in English

noun
1
the borrower in a mortgage, typically a homeowner.
An attornment clause in a mortgage whereby the mortgagor attorns tenant at will to the mortgagee is not a true contract and so is not ‘an agreement’ for present purposes.

Use "mortgagor" in a sentence

Below are sample sentences containing the word "mortgagor" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "mortgagor", or refer to the context using the word "mortgagor" in the English Dictionary.

1. 3 The Judicature Act decided that as against a stranger the mortgagor in possession must be treated as owner.

2. Curtailment of mortgage payments is a process by which a mortgagor can shorten the life of a mortgage and lessen the total amount of mortgage payments due

3. ‘An attornment clause in a mortgage whereby the mortgagor Attorns tenant at will to the mortgagee is not a true contract.’ Origin Middle English (in the senses ‘turn, change, transform’): from Old French atorner ‘appoint, assign’, from a- (from Latin ad ‘to, at’) + torner ‘to turn’.