Text for Report on Title
ROT: Lease Term - Less than 85 years but acceptable to this lender
- Change date
- 04/01/2016
- Word count
- 314
- Deployment measure
- 9/10
The remaining term of the lease is for less than 85 years and therefore is not acceptable to some mortgage companies as security for a mortgage. We have checked with the lender to which you propose to mortgage the property and in this case the number of years left is acceptable. However, you should be
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