It Is Taken Out Against Property to Secure a Loan

This page is the CodyCross answer for the clue below from Spa Time, Group 802, Puzzle 1 (Swedish Massage).

Question is: It Is Taken Out Against Property to Secure a Loan

and the answer is: MORTGAGE

Word Meaning:

MORTGAGE — (law, real estate) A legal agreement in which a borrower pledges real property as collateral for a loan used to purchase or refinance that property.

Definitions from Wiktionary.

It Is Taken Out Against Property To Secure A Loan - Spa Time CodyCross Answers | CodyCross Solutions