New owners of mortgaged properties can unmortgage now by paying +10%, or later by paying +20% Read more: Monopoly Trading Rules & Strategies to Win 6. Remember that a mortgaged property is only worth about half as much as when it is not mortgaged. You can trade mortgaged properties with another player or sell them the property. You can sell mortgaged properties to another player Only you can unmortgage properties that you own – no other player may lift the mortgage or take possession of the property unless you sell it to them. You will keep the title deed card, but turn it to the red side to show that it’s mortgaged. When you mortgage a property, you still own it. The player who mortgaged a property keeps possession of it.
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