989,699,550 visitors served.

Dictionary/
thesaurus

Medical
dictionary

Legal
dictionary

Financial
dictionary

Acronyms

Idioms

Encyclopedia

Wikipedia
encyclopedia

Purchase Money Mortgage

Also found in: Acronyms

0.03 sec.

A security device entered into when the seller of property, as opposed to a bank or financial institution, advances a sum of money or credit to the purchaser in return for holding the mortgage on the property.

The seller of the property, rather than a lending institution, is the mortgagee. These mortgages are given concurrently with the conveyance of the land or the transfer of the items sold.

?Page tools

Printer friendly

Cite / link

Feedback

Add definition

Your Ad Here

? References in periodicals archive
A purchase money mortgage in the amount of $263,900 on a multifamily apartment building located in Fall River, Mass Northeast Community Bank by Real Estate Weekly Example 3: The facts are the same as in Example 2, except the transferee corporation also assumes a $500,000 purchase money mortgage note on the building. How debt can become Draconian boot in a Sec. 351 exchange by Bailine, Richard W. / The Tax Adviser This reflects success of our plan to expand marketing efforts in new geographical areas, and our strategy to emphasize purchase money mortgage originations. TMSF Holdings, Inc. Reports Record First-Quarter Results; Revenue of ... by Business Wire More results

References in periodicals archive

A purchase money mortgage in the amount of $263,900 on a multifamily apartment building located in Fall River, Mass

Northeast Community Bank by Real Estate Weekly

Example 3: The facts are the same as in Example 2, except the transferee corporation also assumes a $500,000 purchase money mortgage note on the building.

How debt can become Draconian boot in a Sec. 351 exchange by Bailine, Richard W. / The Tax Adviser

This reflects success of our plan to expand marketing efforts in new geographical areas, and our strategy to emphasize purchase money mortgage originations.

TMSF Holdings, Inc. Reports Record First-Quarter Results; Revenue of ... by Business Wire

More results

Legal browser

Full browser

Punishment of death
Punitive Damages
Pupil
Pupillarity
Pur
Pur autre vie
Purchase

Purchase Money Mortgage
Purchase Order
Purchase-money
Purchased a car from lot that filed bankruptcy
Purchased a defective album
Purchased car, never saw title
Purchased car, received title and car was damaged
Purchased digital printer, never shipped

Purchase Card Program Management Office (DoD)

Purchase College

Purchase College, State University of New York

Purchase Community House (Purchase, New York)

purchase contract

Purchase criminal

Purchase Day Camp (Purchase, New York)

Purchase justification reflex

Purchase ledger

Purchase Ledger Control Account

Purchase line

Purchase Line Of Credit

Purchase Money Mortgage

Purchase More Shoes

purchase notice agreements

Purchase of Agricultural Conservation Easement

Purchase of Agricultural Conservation Easement program

Purchase of Alaska

Purchase of commissions

Purchase of Development Rights

Purchase of Land (Ireland) Act 1885

Purchase Of Telephones & Services

Purchase of the Danish West Indian Islands

Purchase of the Danish West Indies

purchase order

Purchase Order Acknowledgement

Purchase Order Approval Form

Purchase Order Authorization

Purchase Order Change (EDI)

Purchase Order Change Notice

Purchase Order Entry and Tracking System

Free Tools:	For surfers: Browser extension \| Word of the Day \| Help For webmasters: Free content NEW! \| Linking \| Lookup box \| Double-click lookup \| Partner with us

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.