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Seattle real estate and homes for sale Seattleites real estate is your source for Seattle real estate and community information. In a mortgage by demise, the creditor becomes the owner of the mortgaged property until the loan is repaid in full. This kind of mortgage takes the form of a conveyance of the property to the creditor, with a condition that the property will be returned on redemption. This is an older form of legal mortgage and is less common than a mortgage by legal charge. In the UK, this type of mortgage is no longer available

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