Real Estate serves as security for a Mortgage loan. In the event of Default on the loan the lender may sell the property to satisfy the debt.
房地产可以作为抵押贷款的抵押品。在贷款无法按时归还时,债权人可将此财产变卖以所得来抵偿债务。
3
The bank officer says the bank will need some kind of security for such a loan. so the man hand over the keys of a new Rolls Royce parked on the street in front of the bank.