Translation of "mortgage" into Maltese

ipoteka is the translation of "mortgage" into Maltese.

mortgage verb noun grammar

A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered. [..]

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English-Maltese dictionary

  • ipoteka

    noun feminine

    special form of secured loan

    Loans guaranteed by mortgage shall be shown as such even where they are also secured by insurance policies.

    Self iggarantit b’ ipoteka għandu jintwera bħala tali anki meta jkunu wkoll assigurati b’poloz ta’ assigurazzjoni.

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Mortgage
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"Mortgage" in English - Maltese dictionary

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