Definition of puisne mortgage in English:

puisne mortgage

Line breaks: puisne mort|gage

noun

Law, chiefly British
A second or subsequent mortgage of unregistered land of which the title deeds are retained by a first mortgagee.
More example sentences
  • Legal mortgages not protected by deposit of deeds are registrable as puisne mortgages.

Definition of puisne mortgage in:

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