28 February 2007

Who is a Mortgagor?

Question: If you found a land reference and your ancestor was the mortgagor, would you know if that meant he borrowed the money or loaned the money?
If you said it "doesn't make any difference," you've got some learning to do ;-)
We'll post the answer in a few days.

Answer--the mortgagor is the person who signed the mortgage--that is, they borrowed the money.