Definition of "Blanket mortgage"

Single mortgage or other encumbrance that covers more than one piece of real estate.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Geographic location where a vacant or occupied structure exists. It usually means the land reserved is for a future building. ...

Individual who gives false statements under oath, which is a criminal act punishable by imprisonment and fine. An example is signing a tax return that fraudently understates rental income, ...

A bilateral contract is a pretty straightforward term. No horseplay there. It’s a legal agreement between two individuals who both agree to do (or not to do) a specific act. The ...

An individual or business that buys someone else's equity in property but may not assume any responsibility for a loan balance. ...

The abstract of judgment definition is best explained as a written summary of the judgment passed by a court. This abstract of judgment includes the amount of money the losing party of a ...

In our world, you can request anyone to perform virtually any task for a little (or bigger) incentive. So, what is the definition of incentive precisely? An incentive can be a service or ...

Constructed in place by filling holes drilled through to bearing strata with concrete. ...

Also called real property. Anything permanently affixed to the land, such as buildings, walls, fences, and shrubs, as well as the rights to own or use them. It is distinguished from ...

America remains a top tourist attraction worldwide, with over 79 million foreign visitors a year. Many are seduced by the American Dream and sooner or later they wonder how they could ...

Popular Real Estate Questions