Mortgage Contract definition

Mortgage Contract. A retail installment contract between a Contractor and one or more Obligors which (a) evidences the obligations of such Obligors to pay for the home improvements sold and/or installed by such Contractor and (b) is secured by a Mortgage on the related Mortgaged Property, together with all schedules, supplements and amendments thereto and each other document and instrument related thereto.
Mortgage Contract means a contractual agreement undertaken by a beneficiary of a residential or commercial condominium house to furnsish security for the bank’s benefit fo as to take a long-term loan fro
Mortgage Contract means either a regulated mortgage contract in respect of loans to individuals for owner occupation purposes and which will be regulated by the Financial Conduct Authority, or an unregulated mortgage contract taken out for other purposes;

Examples of Mortgage Contract in a sentence

  • The terms and conditions of this Plan shall not be deemed to constitute a Contract of employment between any Employer and the Participant.

  • In this respect, the FSMA regime not only covers financial promotions of Regulated Mortgage Contracts but also promotions of certain other types of secured credit agreements under which the lender is a person (such as the Seller) who carries on the regulated activity of entering into a Regulated Mortgage Contract.

  • A Regulated Mortgage Contract under the FSMA, if originated by a UK lender from an establishment in the UK, will not be cancellable under these regulations but will be subject to related pre-contract disclosure requirements in MCOB.

  • Bidders are encouraged to note the parcel I.D. number and their name on the deposit check.

  • If the lender or any broker did not hold the required authorisation at the relevant time, a Regulated Mortgage Contract will be unenforceable against the borrower except with the approval of a court and the unauthorised person may commit a criminal offence.


More Definitions of Mortgage Contract

Mortgage Contract means a Buy-to-let Mortgage Contract which is not entered into by the Applicant wholly or predominantly for the purposes of a business carried on, or intended to be carried on, by the Applicant.
Mortgage Contract means a residential construction loan agreement, building loan agreement, loan agreement, construction loan agreement or other financing agreement entered into by a Seller and a Mortgagor, evidencing the related Seller’s obligation to provide funding of such Mortgagor’s construction project and setting forth, among other things, the terms and provisions related to the repayment of funds extended to the Mortgagor thereunder.
Mortgage Contract means the mortgage contract in respect of the mortgages over the Usufruct Right dated 14 June 2012 entered into between JAFZ and the Onshore Security Agent;
Mortgage Contract means a retail installment contract substantially in the form attached hereto as Exhibit B (which form has been approved by Purchaser) between a Contractor and an obligor which (i) evidences the obligations of an obligor to pay for the home improvements sold and/or installed by a Contractor and (ii) is secured by a Mortgage on the related Mortgaged Property, together with all schedules, supplements and amendments thereto and each other document and instrument related thereto.
Mortgage Contract means, as applicable, (i) the Mortgage Contract on Privative Units 4 and 5; or (ii) the Mortgage Contract on the Privative Unit 3, after the mortgage on the Privative Units 4 and 5 has been released and canceled in accordance with the provisions of Clause Tenth Second, subsection (w) of this Agreement.
Mortgage Contract means the Mortgage Contract with Contract No. G. D. D. Z. 99152012286807 signed by and between the Mortgagor and Agent Bank on Nov. 23, 2012.
Mortgage Contract means three mortgage contracts (with contract NO. of # HuKai 2022 C113, #HuKai 2022 X000 ,# XxXxx 0000 C115 respectively) signed by the Mortgagor and the Agent on 1 September 2022.