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Dry mortgage

Defined in 2 dictionaries — Ballentine's (1916), Black's (1910)

Ballentine's Law Dictionary

James A. Ballentine · 1916

One imposing no personal liability on the mortgagor. See 134 Cal. 128, 66 Pac. 178.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

One which creates a lien on land for the payment of money, but does not impose any personal liability upon the mortgagor, collateral to or over and abave the value of the premises. Frowenfeld v. Hastings, 134 Cal. 128, 66 Pac. 178.

Defined under Dry in Black's Law Dictionary.