google bot detected Dry Mortgages | Real Estate Glossary |

Dry Mortgages

Definition of "Dry mortgages"

Peggy Bowden-White
  Coldwell Banker Residential Brokerage

Creates a lien against the mortgagor's property, but does not permit a lien against his or her personal assets. See also non recourse.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ