hypotheca (Meaning)

Webster

hypotheca (n.)

An obligation by which property of a debtor was made over to his creditor in security of his debt.

Synonyms & Antonyms of hypotheca

No Synonyms and anytonyms found

hypotheca Sentence Examples

  1. The bank holds a hypotheca on the property until the mortgage is fully paid.
  2. The creditor has a hypotheca over the land as security for the loan.
  3. The lender obtained a hypotheca to protect its interest in the property.
  4. The purchase of the house was finalized upon the establishment of a hypotheca.
  5. By law, a hypotheca conveys a lien on the property that takes precedence over other claims.
  6. The hypotheca entitles the creditor to seize and sell the property if the loan is not repaid.
  7. The hypotheca is registered in the public records to provide notice of the creditor's interest.
  8. Once the hypotheca is canceled, the property is free and clear of the creditor's claim.
  9. The amount of the hypotheca is typically equal to the principal balance of the loan.
  10. In some jurisdictions, the term "hypotheca" is used interchangeably with "mortgage."

FAQs About the word hypotheca

An obligation by which property of a debtor was made over to his creditor in security of his debt.

No synonyms found.

No antonyms found.

The bank holds a hypotheca on the property until the mortgage is fully paid.

The creditor has a hypotheca over the land as security for the loan.

The lender obtained a hypotheca to protect its interest in the property.

The purchase of the house was finalized upon the establishment of a hypotheca.