Restatement of the Law Third,

Property (Mortgages)

This work is the Institute’s first comprehensive examination of the law of real estate mortgages and mortgage substitutes. It provides both coherent doctrine and supporting analysis to meet the needs of the lending industry while providing reasonable protection for borrowers.

This Restatement covers transactions in which real property is employed as security for some obligation. A major goal of this Restatement is to assist in unifying the law of real property security by identifying and articulating legal rules that will meet the legitimate needs of the lending industry while at the same time providing reasonable protection for borrowers.

743 pages, 1997, #6076

ISBN - 978-0-314-22626-5

Summary of Contents
Chapter 1. Creation of Mortgages
Chapter 2. Future Advances
Chapter 3. Mortgagor’s Equity of Redemption and Mortgage Substitutes
Chapter 4. Rights and Duties of the Parties Prior to Foreclosure
Chapter 5. Transfers of Mortgaged Real Estate and Mortgages
Chapter 6. Payment and Discharge
Chapter 7. Priorities
Chapter 8. Foreclosure

In the Institute’s tradition, this volume combines clear black-letter provisions with extensive explanatory Comments, clarifying Illustrations, and detailed Reporter’s Notes.

Reporters:
Grant S. Nelson, University of California, Los Angeles School of Law, Los Angeles, CA
Dale A. Whitman, J. Reuben Clark Law School, Brigham Young University, Provo, UT

Property (Mortgages)

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