{"data":{"id":"us-ct/conn.-gen.-stat.-49-30p","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 49-30p","heading":"Underwater mortgage: Definitions.","body":"For purposes of this section and sections 49-30q to 49-30w, inclusive:\n(1) “Mortgage” has the same meaning as provided in section 49-24a;\n(2) “Mortgagee” has the same meaning as provided in section 49-24a;\n(3) “Mortgagor” has the same meaning as provided in section 49-24a, except a mortgagor, for the purposes of sections 49-30p to 49-30w, inclusive, shall only include those mortgagors with personal net liquid assets, excluding retirement and tax advantaged health savings plans, that are less than one hundred thousand dollars;\n(4) “Residential real property” has the same meaning as provided in section 49-24a;\n(5) “Senior lien” means the first security interest placed upon a property to secure payment of a debt or performance of an obligation before one or more junior liens;\n(6) “Junior lien” means a security interest placed upon a property to secure payment of a debt or performance of an obligation after a senior lien is placed on such property;\n(7) “Lienholder” means a person who holds a security interest in real property; and\n(8) “Underwater mortgage” means a mortgage where the debt associated with such mortgage, along with any senior lien, exceeds the fair market value of the mortgaged property as determined by a court in accordance with sections 49-30t and 49-30u.","path":["TITLE 49. MORTGAGES AND LIENS","CHAPTER 846*. MORTGAGES"],"source_url":"https://www.cga.ct.gov/current/pub/chap_846.htm#sec_49-30p","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:16Z","sha256":"c2c2ddacc2a9b8b570b6d433260888a48cca17a79ed92dc3fb21bfc85be54b8f","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-49-30a-to-49-30o","next":"us-ct/conn.-gen.-stat.-49-30q"},"notice":"GroundRules: Original legal text. Not legal advice."}