Junior Mortgage
Any mortgage of lesser priority than a first mortgage.
More Real Estate Definitons
Blind AdX-BracingNewelVerticalRegulation ZOfferManagementSubagentFractional RateEntitlementGood FaithZero Lot LineLayoutValueLatent DefectFormal ContractUplandsGround WaterKiloBackwaterAssessmentLender'S PolicyQuiet TitleQualified FeeDrip CapZero Side YardPayoff EscrowOutbuildingUnity Of TitleStuccoBidJoint AppraisalTrade-InWarrantRevokeNull And VoidArpentBaseboardAssessing UnitPromissory NoteForm ContractMortgage Clause