leasehold mortgage

Definition

Use leasehold mortgage in a sentence

The leasehold mortgage was able to be removed if the borrower would be able to make the final two payments.

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You should always try and make sure that you get the best rate any time you will enter in to a leasehold mortgage.

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With the strict terms of the leasehold mortgage, he wasn't sure how to evade the bank when the payments on the condo complex began to exceed his ability to pay.

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leasehold interest leasehold state