- a person who mortgages property.
Origin of mortgagor
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for mortgagor
It is usual for the mortgagor to insure the property for the benefit of the mortgagee.Up To Date Business
The mortgagor may, subject to the mortgage, lease, sell or devise it.Commercial Law
Samuel Williston, Richard D. Currier, and Richard W. Hill
Does a mortgagor retain an interest which he may dispose of?
The borrower is called the mortgagor, the lender the mortgagee.Putnam's Handy Law Book for the Layman
Albert Sidney Bolles
And the principal cause will be that the mortgagor has discovered that he has no equity in the property.The Arena
- property law a person who borrows money by mortgaging his property to the lender as security
Word Origin and History for mortgagor
1580s, agent noun in Latin form from mortgage (v.). Native form mortgager attested from 1630s.
Online Etymology Dictionary, © 2010 Douglas Harper