Know before making a contract: What is the difference between a sale and a mortgage?

A mortgage is a contract in which the mortgagor uses property as security for a debt to the mortgagee. The mortgagor remains the owner of the property and can use the property, but if the mortgagor fails to pay the debt according to the contract, the mortgagee has the right to seize the property and sell it at auction to pay off the debt, according to the Civil and Commercial Code.

credit : สล็อต เว็บตรง

 

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