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.

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    Official Text
    743 pages, 1997, #6076

    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.

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