Real property loan definition

Real property loan means a loan, mortgage, advance, or credit sale secured by a lien on real property, on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, whether real or personal property.
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Real property loan means any loan, mortgage, advance or credit sale se- cured by a lien on real property, the stock or membership certificate allo- cated to a dwelling unit in a coopera- tive housing corporation, or a residen- tial manufactured home, whether real or personal property.
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Real property loan means a loan described in 3 AAC 99.230(a);
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Examples of Real property loan in a sentence

  • Real property loan defaults are referred to legal counsel for foreclosure action.


More Definitions of Real property loan

Real property loan means a $27 million loan, secured by a senior lien on the Real
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Real property loan means a Loan made in connection with and based upon a Borrower’s ownership or acquisition of specific Eligible Real Property. The original principal amount of a Real Property Loan shall be determined by the Agent and communicated to the Borrowers at the time such Real Property Loan is made and is not to exceed 80% of the fair market value of the related Eligible Real Property at any time.
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Real property loan means the term loan in the original principal amount of $3,000,000, extended by Lender to Landair Transportation Properties, Inc., pursuant to the terms of a Note Secured by Real Estate dated March 25, 1999, and secured by a Mortgage Deed, dated March 25, 1999, on the Real Property.
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Related to Real property loan

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Property line means the division line between two units of land.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Residential real property means real property improved with not less than one nor more than four residential dwelling units: units in residential cooperatives; or, condominium units including the limited common elements allocated to the exclusive use thereof that form an integral part of the condominium unit. The term includes a manufactured home as defined in subdivision (53) of Section 9-102 of the Uniform Commercial Code that is real property as defined in the Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act.