Main Menu
Select Language
Tell A Friend!
Please submit the information below to recommend your friend.
Help Support
You will get support if you are facing difficulty to understand the question, through our discussion forum, call us on our hot line at (416) 477-2788 (9am to 10pm 7 days a week) or write an email with detail of your study problems at support@studyreal.com
Home 
FAQ Real Estate Dictionary P Purchase Money Mortgage
FAQ Real Estate Dictionary P Purchase Money Mortgage
Purchase Money Mortgage
- DATE ADDED:
- Tuesday, 07 April 2009
- FAVOURED:
-
0
ANSWER
A mortgage given to the seller as part of the buyer's consideration for the purchase of real property, and delivered at the same time that the real property is transferred as a simultaneous part of the transaction.