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Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Lease Term - NO mortgage and less than 85 years left
Change Date : 04/01/2016 | Word Count: 315 | Deployment Measure : 8/10
The remaining term of the lease is for less than 85 years and therefore is not acceptable to certain mortgage companies as security for a mortgage. In fact there are an icreasing amount of lenders that require 85 years as a minimum unexpired lease term remaining. Although you are not obtaining a mortgage yourself, you
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