Mortgagor Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Mortgagor, written in plain English, along with examples of how it is used.

What is Mortgagor?

(n) Mortgagor is the person who pledges a property or title to a property as a security for the loan taken by him from the mortgagee. The Law requires registration of the mortgage. mortgagor loss his right on the property when he fails to close the loan .