A lien on the tenant's interest in real estate.
Related information about leasehold mortgage:
- Definition of Leasehold Mortgage | Home Guides | SF Gate
When someone takes out a mortgage to buy land or buildings, the property itself becomes collateral for the loan. When the land is only leased--for example, ...
- Law Firm Of Pepper Hamilton LLP | It's Complicated: Leasehold ...
Oct 13, 2011 ... A leasehold mortgage is an encumbrance or lien on a tenant's interest in a lease conveyed to a lender as collateral for a loan to the tenant.
- What Is a Leasehold Mortgage?
Nov 7, 2012 ... A leasehold mortgage is a loan that's used to help a tenant to finance a project associated with land that he or she is leasing...
- Leasehold Mortgage Definition | eHow.com
Leasehold Mortgage Definition. Simply stated, a leasehold mortgage is a mortgage that is taken out on leased property. The mortgage takes second place to the ...
- Leasehold Mortgage: Definition from Answers.com
lien on the tenants interest in real estate; generally subordinate to other liens on the property. Previous: Leasehold I.
- Leasehold Mortgage Law & Legal Definition
Leasehold Mortgage is a mortgage secured by a lessee's leasehold interest. Often, this type of mortgage is helpful in providing the resources needed to erect a ...
- Leasehold mortgage | Real Estate Agent Glossary
A leasehold mortgage is subordinate to the landlord's land lease since it is a second lien by order of priority on the property. For example, John leases a parcel ...
- Leasehold Mortgage
A mortgage placed on the lessee’s interest in the leased premises. Leasehold mortgage financing is a specialized form of secondary financing because the ...