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Real estate glossary

Mortgage charge (hypothèque)

Security registered against a property that guarantees the repayment of a loan: if the borrower does not repay, the lender can have the property sold. It is published in the land registry.

Also known as: Legal charge, Lien
Category: Mortgages and financing
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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).

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