{"iri":"http://lmss.sali.org/R9mh7fC3v6u4exodERd3fmK","id":"R9mh7fC3v6u4exodERd3fmK","label":"Mortgagee","definition":"A Mortgagee is the lender in a mortgage transaction, typically a bank or financial institution, that provides funds for the borrower (mortgagor) to purchase property. The mortgagee holds a lien on the property as security for the loan repayment and can foreclose on the property if the borrower fails to meet the terms of the mortgage.","prefLabels":[],"altLabels":[],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R8CdMpOM0RmyrgCCvbpiLS0","label":"Actor / Player"},"parents":[{"iri":"http://lmss.sali.org/R9OzLGaxH8FUa0QvIz14ZLA","id":"R9OzLGaxH8FUa0QvIz14ZLA","label":"Lender"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R9mh7fC3v6u4exodERd3fmK/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}