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 means any loan, mortgage, advance or credit sale secured by a lien on real property, the stock or membership certificate allocated to a dwelling unit in a cooperative housing corporation, or a residential manufactured home, whether real or personal property.


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 means, collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests in real property owned in fee or leased by any Loan Party, 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, 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).

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Hotel Property means a Property on which there is located an operating hotel.