Question

what is d meaning of mortgaged land?​

Answer 1

Answer:

Step-by-step explanation:

A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan. Virtually any legally owned property can be mortgaged, although real property (land and buildings) are the most common.

Answer 2

Hey dude,

A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan. Virtually any legally owned property can be mortgaged, although real property (land and buildings) are the most common.

@DevanKey02