单词 | Contributory mortgage |
释义 | 分擔按揭 A mortgage in which the money secured is advanced by more than one lender in separate amounts. Unless specifically authorised, it is a breach of trust for a trustee to lend trust money on such mortgage without express authorisation: Webb v Jones (1888) 39 Ch D 660. 獲得保證的款項乃由多於一位貸款人以各別款額放貸的按揭。除非獲明確授權,否則受托人在沒有明示授權的情況下借出信托款項,即屬違反信托:Webb v Jones (1888) 39 Ch D 660。 |
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