Loan secured by real property definition

Loan secured by real property means that 50% or more of the aggregate value of the collateral used to secure a loan or other obligation, when valued at fair market value as of the time the original loan or obligation was incurred, was real property.

Loan secured by real property means that any of the col- lateral used to secure a loan or other obligation at the time the orig- inal loan or obligation was incurred or during the current taxable year is real property. A loan secured by real property includes an installment sales contract for real property. An “agricultural lien” as defined in s. 409.102 (1) (b), Stats., or a “fixture filing” as defined in s. 409.102 (1) (js), Stats., does not by itself constitute a loan secured by real property.

Loan secured by real property means that fifty percent or more of the aggregate

Examples of Loan secured by real property in a sentence

• Loan secured by real property" means that 50% or more of the aggregate value of the collateral used to secure a loan or other obligation, when valued at fair market value as of the time the original loan or obligation was incurred, was real property.[PL 1997, c.

• With respect to a Loan secured by real property, the Mortgagor and/or borrower or Related Security Document and, with respect to any other Loan, the borrower, and (ii) any guarantor, co-signer or other person liable or otherwise obligated under a Related Security Document.

• Carswell initiated this action in the District Court asserting several federal and state law claims related to the origination, servicing and foreclosure proceedings regarding the residential loan that she obtained on or about December 28, 2006 from Washington Mutual Bank ("WaMu") ("Subject Loan"), secured by real property located at 845 Sea Ranch Drive, Santa Barbara, California APN 047-103-04- 00 ("Subject Property").

• Each Pledged Loan secured by real property to which a Manufactured Home is affixed will create a valid Lien on that Manufactured Home that will have priority over any other Lien on the Manufactured Home, whether or not arising under applicable real property law.

• Loan secured by real property" means that 50% or more of the aggregate value of the collateral used to secure a loan or other obligation, when valued at fair market value as of the time the original loan or obligation was incurred, was real property.[ 1997, c.

More Definitions of Loan secured by real property

Loan secured by real property means a loan or other obligation for which fifty

Loan secured by real property means that any of the collateral used to secure a loan or other obligation at the time the original loan or obligation was incurred or during the current taxable year

Loan secured by real property means "a loan or other obligation which, at the time the original loan or obligation was incurred or during the current taxable year, was secured by real property. A loan secured by real property includes an installment sales contract for real property".