См. также: mortgage of real estate, moral rights, moral, moral reward
Certain provisions of the 2009 Act enable a mortgagee, where it has reasonable grounds for believing a mortgagor has abandoned a mortgaged property and urgent action is required to prevent deterioration, to apply to court for an order authorising the mortgagee to enter into possession of the mortgaged property. (Mondaq)
According to this characterization, I borrowed a certain amount of money from my mortgagee and promised to pay a larger amount of money in the future. This constitutes an interest-bearing loan of money, which the overwhelming majority of jurists (though not all) consider to be a form of the forbidden riba. (Cambridge University Press)
• mortgagee
• mortgagees
