Lease Hold Mortgage

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Icon Mini Profile Sam
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Joined: 21 May 2005

Posts: 850
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Post Posted: Mon Jul 05, 2004 5:18 pm    Post subject: Lease Hold Mortgage

Lease hold mortgage is a mortgage loan on a home, where the borrower does not actually own the title to the property. The borrower has a recorded long term lease on the property.

Important features:
  • Indirect Ownership - The property in not owned directly by the borrower.

  • Time period - It normally ranges up to 99 years, but it can be as long as 999 years for a lease hold commercial property.

  • Leasing of land - It is a mortgage on a home where the land is leased rather than owned.

  • Amortization - It carries a precondition to be amortized over a period that is shorter then the land lease.
Katherine Hackett


Post Posted: Tue Aug 26, 2008 1:07 pm    Post subject: Lease Hold Mortgage

Is there a state regulation against consumer Lease Hold Mortgages in Florida
Icon Mini Profile sara

Joined: 05 Jul 2006

Posts: 3236
Location: New Brunswick, New Jersey
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Post Posted: Wed Aug 27, 2008 3:16 am    Post subject: RE:

Hi Katherine,

Welcome to the forums.

The State regulatory body for Florida leasehold mortgages is the Office of Financial Regulation. You can contact them at .

Take Care

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