After acquired clause

A clause in a mortgage Contract specifying if the Mortgagor acquires additional mortgageable Property after the Mortgage is signed, such Property will be treated as additional Collateral for the mortgage.

Related Terms: 6 Contract, Collateral, ECI, Mortgage, Mortgagor, Property

Other Related Pages: Category: Real_Estate Starting With: A

Additional Related Terms: 10-Q, Allowance for depreciation, After-tax basis, At par, All or any part, At best, At call, At risk, Add-on service, Adhesion contract