Common use of Types of Property Clause in Contracts

Types of Property. Properties may be freehold, heritable or leasehold or held under a fee farm grant. In the case of leasehold properties, the unexpired portion of the lease must in most cases not expire earlier than 30 years after the term of the Loan. All properties have been valued by a valuer approved by the Seller.

Types of Property. Properties may be freehold, heritable either freehold or leasehold or held under a fee farm grantleasehold. In the case of leasehold properties, the unexpired portion of the lease must in most cases not expire earlier than 30 years after the term of the Loan. All properties have been valued by a valuer approved by the Seller.

Types of Property. Properties may be either freehold, heritable or leasehold or held under a fee farm grantleasehold. In the case of leasehold properties, the unexpired portion of the lease must in most cases not expire earlier than 30 years after the term of the Loan. All properties have been valued by a valuer approved by the Seller.