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What is a Chattel Mortgage?

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27th Feb 2011 by admint

A chattel mortgage is a loan wherein a movable asset is used as collateral. After the mortgage has been paid in full, the collateral or movable asset would be returned to the borrower.

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16th May 2010 In Mortgage 1 Answers | 186 Views
Subjects: chattel mortgage,

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What is a Chattel Mortgage?


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