California Civil Code 2921 – A mortgage may be created upon property held adversely to the …
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A mortgage may be created upon property held adversely to the mortgagor.
(Enacted 1872.)
Terms Used In California Civil Code 2921
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- property: includes property real and personal. See California Civil Code 14