Mortgage which is junior, having a subordinate claim to a senior mortgage on the same real estate.
Related information about overlying mortgage:
- What is overlying mortgage? definition and meaning
Definition of overlying mortgage: Mortgage which is junior, having a subordinate claim to a senior mortgage on the same real estate.
- Overlying Mortgage - Financial Dictionary - The Free Dictionary
A mortgage that will be satisfied only after more senior mortgages have been satisfied. E.g., a first mortgage will be satisfied prior to a second or a third mortgage ...
- overlying - Legal Dictionary - The Free Dictionary
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- overlying - Medical Dictionary - The Free Dictionary
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- Overlying - definition of Overlying by the Free Online Dictionary ...
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- overly passionate - Legal Dictionary - The Free Dictionary
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- Overmagnify - The Free Dictionary
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Obligor, Occupancy Rate Offer Offer to Purchase Open-end Lease Original Principal Balance, Origination Fee Other Fees Overlying Mortgage Owner Financing ...