Relationship: Mortgage

PPB Banker-Customer Relationship Free JAIIB Capsule 65 views Updated 23 Sep 2026

Capsule FREE

PPB · Banker-Customer Relationship

When immovable property is given as security for a loan, what relationship is established?

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The Bank is the Mortgagee, and the Customer is the Mortgagor.

Mortgages apply to real estate and immovable assets. The bank holds the interest in the property until the loan is repaid.

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Relationship: Mortgage — Full Text

When immovable property is given as security for a loan, what relationship is established?

Answer

The Bank is the Mortgagee, and the Customer is the Mortgagor.

Additional notes

Mortgages apply to real estate and immovable assets. The bank holds the interest in the property until the loan is repaid.

Part of Principles & Practices of Banking · Banker-Customer Relationship · Last updated 23 Sep 2026

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