Mortgaged Property definition: Copy, customize, and use instantly
Introduction
The term "Mortgaged Property" refers to any real or personal property that serves as collateral under a mortgage or deed of trust. It is essential for defining the rights of lenders and borrowers, ensuring the enforceability of security interests, and clarifying the scope of encumbered assets in a transaction.
Below are various examples of how "Mortgaged Property" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Mortgaged Property" as real estate pledged as security
This definition ties "Mortgaged Property" to real estate assets securing a loan.
"Mortgaged Property" means any real estate, including land and improvements, subject to a mortgage, deed of trust, or other security interest granted to secure obligations under a loan agreement.
Definition of "Mortgaged Property" as land and buildings securing debt
This definition connects "Mortgaged Property" to physical structures securing obligations.
"Mortgaged Property" refers to all land, buildings, and fixtures pledged under a mortgage or similar security instrument to secure repayment of indebtedness.
Definition of "Mortgaged Property" as collateral under a mortgage agreement
This definition links "Mortgaged Property" to assets designated as collateral in lending.
"Mortgaged Property" means all assets, whether real or personal, expressly designated as collateral under any mortgage, deed of trust, or security agreement in favor of a secured party.
Definition of "Mortgaged Property" as secured residential or commercial assets
This definition applies "Mortgaged Property" to both residential and commercial holdings.
"Mortgaged Property" refers to residential, commercial, or mixed-use real estate subject to a mortgage or similar lien securing the payment of a loan.
Definition of "Mortgaged Property" as properties subject to foreclosure rights
This definition ties "Mortgaged Property" to assets that may be subject to foreclosure.
"Mortgaged Property" means any real estate pledged under a mortgage agreement that may be subject to foreclosure in the event of default by the borrower.
Definition of "Mortgaged Property" as encumbered leasehold interests
This definition connects "Mortgaged Property" to leasehold interests pledged as security.
"Mortgaged Property" refers to any leasehold interest or real estate lease subject to a mortgage or assignment of lease as collateral under a financing arrangement.
Definition of "Mortgaged Property" as land with development rights
This definition links "Mortgaged Property" to real estate with development potential.
"Mortgaged Property" means any parcel of land, including its associated development rights, subject to a mortgage securing financial obligations.
Definition of "Mortgaged Property" as personal property pledged with real estate
This definition applies "Mortgaged Property" to personal assets included in real estate security.
"Mortgaged Property" refers to both real and personal property, including fixtures, equipment, and leasehold improvements, securing a mortgage obligation.
Definition of "Mortgaged Property" as income-producing secured assets
This definition ties "Mortgaged Property" to real estate generating revenue.
"Mortgaged Property" means any income-producing real estate, including rental properties and commercial developments, pledged as security under a mortgage or deed of trust.
Definition of "Mortgaged Property" as real estate with easements and rights-of-way
This definition connects "Mortgaged Property" to real estate including legal rights.
"Mortgaged Property" refers to any real estate subject to a mortgage, including all easements, rights-of-way, and other interests appurtenant thereto.
Definition of "Mortgaged Property" as partially released collateral
This definition links "Mortgaged Property" to assets subject to partial lien releases.
"Mortgaged Property" means any asset pledged as security under a mortgage, which may be partially released from lien encumbrances upon satisfaction of specific conditions.
Definition of "Mortgaged Property" as secured mixed-use developments
This definition applies "Mortgaged Property" to mixed-use developments.
"Mortgaged Property" refers to any combination of residential, commercial, or industrial real estate pledged as collateral under a secured financing agreement.
Definition of "Mortgaged Property" as land with natural resources
This definition ties "Mortgaged Property" to land with extractable resources.
"Mortgaged Property" means real estate subject to a mortgage, including any mineral rights, water rights, or other natural resources associated with the land.
Definition of "Mortgaged Property" as assets subject to assignment of rents
This definition connects "Mortgaged Property" to revenue-generating property interests.
"Mortgaged Property" refers to any real estate securing a loan, including the assignment of rental income or other cash flows derived from its use.
Definition of "Mortgaged Property" as assets covered by title insurance
This definition links "Mortgaged Property" to insured real estate interests.
"Mortgaged Property" means any parcel of real estate pledged as collateral under a mortgage, with title insured by a recognized title insurance provider.
Definition of "Mortgaged Property" as real estate subject to restrictive covenants
This definition applies "Mortgaged Property" to land with legal use restrictions.
"Mortgaged Property" refers to any real estate encumbered by a mortgage, subject to restrictive covenants, zoning laws, or other land use regulations.
Definition of "Mortgaged Property" as pledged undeveloped land
This definition ties "Mortgaged Property" to raw land pledged as collateral.
"Mortgaged Property" means any unimproved land subject to a mortgage or security interest granted in connection with a financing transaction.
Definition of "Mortgaged Property" as collateral in cross-collateralization agreements
This definition connects "Mortgaged Property" to assets secured under cross-collateralization.
"Mortgaged Property" refers to any real estate pledged as collateral in a loan secured by multiple properties under a cross-collateralization arrangement.
Definition of "Mortgaged Property" as property encumbered by senior and junior liens
This definition links "Mortgaged Property" to assets subject to multiple lien priorities.
"Mortgaged Property" means any real estate subject to a mortgage, which may be encumbered by senior or junior liens as part of a structured financing arrangement.
Definition of "Mortgaged Property" as land pledged under a construction loan
This definition applies "Mortgaged Property" to land used in construction financing.
"Mortgaged Property" refers to any real estate securing a construction loan, including land, buildings under development, and related improvements.
Definition of "Mortgaged Property" as assets pledged under a sale-leaseback
This definition ties "Mortgaged Property" to sale-leaseback transactions.
"Mortgaged Property" means any real estate subject to a sale-leaseback arrangement, where ownership is transferred while remaining encumbered by a mortgage.
Definition of "Mortgaged Property" as collateral security
This definition ties "Mortgaged Property" to assets pledged as security for a loan.
"Mortgaged Property" means any real or personal property subject to a mortgage, deed of trust, or other lien granted as collateral security for obligations under a financing agreement.
Definition of "Mortgaged Property" as encumbered real estate
This definition connects "Mortgaged Property" to real estate subject to a mortgage.
"Mortgaged Property" refers to any parcel of real estate, including improvements, that is encumbered by a mortgage, securing payment or performance of obligations.
Definition of "Mortgaged Property" as an interest in land
This definition links "Mortgaged Property" to ownership or leasehold interests in land.
"Mortgaged Property" means any fee simple or leasehold interest in land, together with all buildings, fixtures, and rights appurtenant thereto, subject to a mortgage in favor of a lender.
Definition of "Mortgaged Property" as pledged business assets
This definition applies "Mortgaged Property" to commercial assets securing a loan.
"Mortgaged Property" refers to any business real estate, equipment, or leasehold improvements encumbered by a mortgage or similar lien securing corporate obligations.
Definition of "Mortgaged Property" as a secured facility
This definition ties "Mortgaged Property" to a facility pledged under a loan agreement.
"Mortgaged Property" means any warehouse, manufacturing plant, or office building subject to a mortgage lien securing the borrower’s financial obligations.
Definition of "Mortgaged Property" as mixed-use real estate
This definition connects "Mortgaged Property" to properties used for multiple purposes.
"Mortgaged Property" refers to any residential, commercial, or mixed-use real estate that is encumbered by a mortgage or deed of trust in favor of a lender.
Definition of "Mortgaged Property" as restricted collateral
This definition links "Mortgaged Property" to property with contractual use restrictions.
"Mortgaged Property" means real estate that is pledged as security under a financing arrangement and may be subject to use restrictions or encumbrances imposed by lenders.
Definition of "Mortgaged Property" as part of a financing portfolio
This definition applies "Mortgaged Property" to assets within a secured financing portfolio.
"Mortgaged Property" refers to all real property assets pledged as collateral under a secured lending arrangement, including those held in a trust or other financing structure.
Definition of "Mortgaged Property" as government-backed security
This definition ties "Mortgaged Property" to real estate securing government-backed loans.
"Mortgaged Property" means any property pledged as collateral for a loan that is insured, guaranteed, or otherwise backed by a government-sponsored entity or agency.
Definition of "Mortgaged Property" as foreclosure-prone assets
This definition connects "Mortgaged Property" to assets at risk of foreclosure.
"Mortgaged Property" refers to real estate encumbered by a mortgage where failure to meet loan obligations may result in foreclosure and transfer of ownership.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.