
Submortgagor
UK
/sʌbˈmɔːɡɪɡə/
US
/sʌbˈmɔrɡɪɡɔr/

Translation submortgagor into russian
submortgagor
NounUK
/sʌbˈmɔːɡɪɡə/
US
/sʌbˈmɔrɡɪɡɔr/
The submortgagor transferred his interest in the property to another party.
Субзалогодатель передал свою долю в собственности другой стороне.
Definitions
submortgagor
NounUK
/sʌbˈmɔːɡɪɡə/
US
/sʌbˈmɔrɡɪɡɔr/
A person or entity that grants a submortgage, which is a secondary mortgage on a property that is already mortgaged.
The submortgagor decided to take out a submortgage to finance the renovation of their property.