Definition: A legal instrument stating that the mortgagee transfers the mortgage and promissory note to the purchaser.
Pronunciation: \ə-ˈsīn-mənt \ˈmȯr-gij
Used in a Sentence: The assignment of mortgage transferred the property from the seller to the buyer.
How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...
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