attendant term
A long period (such as 1,000 years) specified as the duration of a mortgage, created to protect the mortgagor’s heirs’ interest in the land by not taking back title to the land once it is paid for, but rather by assigning title to a trustee who holds the title in trust for the mortgagor and the mortgagor’s heirs.? This arrangement gives the heirs another title to the property in case the interest they inherited proves somehow defective. These types of terms have been largely abolished. See tenancy attendant on the inheritance under TENANCY. [Cases: Mortgages 54. C.J.S. Mortgages ¡ì 102.]
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