leasehold mortgage

leasehold mortgage
leasehold mortgage see mortgage

Merriam-Webster’s Dictionary of Law. . 1996.

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  • leasehold mortgage — noun : a mortgage under which a leasehold interest in property secures a debt or obligation …   Useful english dictionary

  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — Synonyms and related words: adjustment mortgage, antichresis, blanket mortgage, bond, bottomry, bottomry bond, chattel mortgage, closed mortgage, dead pledge, deed of trust, deposit, dip, first mortgage, go bail, handsel, hock, hypothec,… …   Moby Thesaurus

  • leasehold mortgages — Collateral interests in real property leased by the borrower. For example, a borrower may own a building located on leased land. In those cases, a lender will take a leasehold mortgage covering the borrower s interest in both the leased land and… …   Financial and business terms

  • Leasehold estate — Property law Part of t …   Wikipedia

  • Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see …   Wikipedia

  • mortgage — I (New American Roget s College Thesaurus) n. pledge, security, encumbrance, loan, bond, debenture; promise. v. borrow, pledge, hypothecate. See debt. II (Roget s IV) n. Syn. lease, title, debt; see contract . Types of mortgages include:… …   English dictionary for students

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

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