单词 | Development mortgage |
释义 | 發展工程按揭 A contributory mortgage where the land secured is to be developed using the finance raised from the mortgage. A contributory mortgage is one where the money provided is advanced by two or more different mortgagees. See also Building mortgage; Contributory mortgage. 如使用從有關按揭籌集的資本發展作為保證的土地,則屬共分按揭。共分按揭指由多於一名的不同的承按人墊付提供的款項。另見 Building mortgage; Contributory mortgage。 |
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