Blanket Loan
A mortgage covering more than one parcel of real estate, providing for each parcel’s partial release from the mortgage lien upon repayment of a definite portion of the debt.
Real Estate Glossary
Definitions of Common Real Estate Terms
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Real Estate Glossary
Definitions of Common Real Estate Terms
A mortgage covering more than one parcel of real estate, providing for each parcel’s partial release from the mortgage lien upon repayment of a definite portion of the debt.
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