deed of mortgage

简明释义

典契

英英释义

例句

1.Before the bank approves your loan, you will need to sign a deed of mortgage (抵押契约) to secure the property.

在银行批准你的贷款之前，你需要签署一份deed of mortgage (抵押契约) 来担保该物业。

2.When purchasing a home, understanding the terms of the deed of mortgage (抵押契约) is crucial.

在购买房屋时，理解deed of mortgage (抵押契约) 的条款至关重要。

3.The lawyer explained that the deed of mortgage (抵押契约) gives the lender a security interest in the property.

律师解释说，deed of mortgage (抵押契约) 赋予贷方对该物业的担保权益。

4.If you default on your payments, the bank can enforce the deed of mortgage (抵押契约) and foreclose on your home.

如果你未能按时付款，银行可以执行deed of mortgage (抵押契约) 并对你的房屋进行止赎。

5.The deed of mortgage (抵押契约) was filed with the county clerk's office to make it public record.

这份deed of mortgage (抵押契约) 已在县书记官办公室备案，以便公开记录。

作文

A deed of mortgage is a legal document that serves as a security for a loan, particularly in real estate transactions. It is essential for both lenders and borrowers to understand the implications of this document, as it outlines the terms under which the borrower agrees to repay the loan while providing the lender with a claim over the property in case of default. In essence, a deed of mortgage creates a lien on the property, meaning that the lender has a legal right to take possession of the property if the borrower fails to meet their obligations. When a borrower decides to purchase a home, they often do not have enough cash to pay the full price upfront. Therefore, they seek financing from a bank or other lending institution. The bank will typically require a deed of mortgage to secure the loan. This document includes important information such as the amount borrowed, the interest rate, the repayment schedule, and the consequences of failing to repay the loan. Understanding the deed of mortgage is crucial for borrowers. It is not just a formality; it is a binding agreement that can have significant consequences. If a borrower defaults on their loan payments, the lender has the right to initiate foreclosure proceedings. This means that the lender can sell the property to recover the outstanding debt. Therefore, before signing a deed of mortgage, it is vital for borrowers to carefully review the terms and conditions, ensuring that they are fully aware of their responsibilities and the potential risks involved.In addition to protecting the lender's interests, a deed of mortgage also provides certain rights to the borrower. For instance, as long as the borrower continues to make their payments, they retain the right to occupy and use the property. This arrangement allows individuals to invest in real estate without needing the full purchase price upfront. Moreover, various types of mortgages exist, and each may have different stipulations outlined in the deed of mortgage. For example, a fixed-rate mortgage maintains the same interest rate throughout the life of the loan, while an adjustable-rate mortgage may change based on market conditions. Borrowers should choose the type of mortgage that best fits their financial situation and future plans. In conclusion, a deed of mortgage is a fundamental component of real estate transactions that requires careful consideration. Both lenders and borrowers must understand its significance, as it governs the relationship between them regarding the loan. By grasping the implications of a deed of mortgage, borrowers can make informed decisions and protect themselves from potential pitfalls in the world of real estate finance.

抵押契约是一份法律文件，作为贷款的担保，特别是在房地产交易中。借款人和贷款人都必须理解这份文件的含义，因为它概述了借款人同意偿还贷款的条款，同时在借款人违约的情况下，给予贷款人对财产的索赔权。实际上，抵押契约在财产上创建了一种留置权，这意味着如果借款人未能履行其义务，贷款人有合法权利占有该财产。当借款人决定购买房屋时，他们通常没有足够的现金一次性支付全部价格。因此，他们会寻求来自银行或其他贷款机构的融资。银行通常会要求签署一份抵押契约以确保贷款。这份文件包括重要信息，例如借款金额、利率、还款计划以及未能偿还贷款的后果。理解抵押契约对借款人至关重要。这不仅仅是一个形式，它是一个具有约束力的协议，可能会产生重大后果。如果借款人未能按时还款，贷款人有权启动止赎程序。这意味着贷款人可以出售该财产以收回未偿还债务。因此，在签署抵押契约之前，借款人必须仔细审查条款和条件，以确保他们完全了解自己的责任和潜在风险。除了保护贷款人的利益外，抵押契约还为借款人提供某些权利。例如，只要借款人继续按时还款，他们就保留占用和使用该财产的权利。这种安排使个人能够投资房地产，而无需一次性支付全部购买价格。此外，存在各种类型的抵押贷款，每种类型的抵押贷款在抵押契约中可能有不同的规定。例如，固定利率抵押贷款在贷款期限内保持相同的利率，而可调整利率抵押贷款可能会根据市场条件变化。借款人应选择最适合其财务状况和未来计划的抵押贷款类型。总之，抵押契约是房地产交易的基本组成部分，需要仔细考虑。贷款人和借款人都必须理解其重要性，因为它管理着双方之间关于贷款的关系。通过掌握抵押契约的含义，借款人可以做出明智的决策，并保护自己免受房地产金融世界潜在陷阱的影响。