legal mortgage

Definition of "legal mortgage"
  1. In Louisiana's civil law, it is a type of mortgage that secures an obligation that is automatically established by law, rather than an agreement made by the involved parties
How to use "legal mortgage" in a sentence
  1. To settle his tax debt, the man had to put up a legal mortgage on his property.
  2. The state can enforce a legal mortgage on a property due to the owner's failure to meet certain legal obligations.
  3. The court might require a legal mortgage to ensure the payment of a debt, irrespective of parties' agreement.

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