Leased Fee Estate definition

Leased Fee Estate. A property held in fee with the right of use and occupancy conveyed by lease to others. A property consisting of the right to receive rentals over a period of time, plus the right of ultimate repossession at the termination of the lease.
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Leased Fee Estate. An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others; the rights of lessor or the leased fee owner and leased fee are specified by contract terms contained within the lease.
Sample 1

Examples of Leased Fee Estate in a sentence

  • Leased Fee Estate: An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others; the rights of lessor or the leased fee owner and leased fee are specified by contract terms contained within the lease.

  • Leased Fee Estate An ownership interest held by a landlord with the rights of use and occupancy conveyed by lease to others.

  • RIGHTS APPRAISED The ownership interest in the subject property appraised is the "Leased Fee Estate." The Dictionary of Real Estate Appraisal, 3rd Edition, Page 204, defines Leased Fee Estate as, " an ownership interest held by a Landlord with the right of use and occupancy conveyed by lease to others.

  • The ownership interest in the subject property appraised is the "Leased Fee Estate." The Dictionary of Real Estate Appraisal, 3rd Edition, Page 204, defines Leased Fee Estate as, " an ownership interest held by a Landlord with the right of use and occupancy conveyed by lease to others.

  • Definitions of pertinent terms taken from the Dictionary of Real Estate Appraisal, Third Edition (1993), published by The Appraisal Institute, are as follows: Leased Fee Estate An ownership interest held by a landlord with the rights of use and occupancy conveyed by lease to others.

  • The purpose of the appraisal is to estimate the Market Value of the Leased Fee Estate of the subject property, free and clear of financing, as of April 20, 2006.

  • Leased Fee Estate An ownership interest held by a landlord with the fights of use and occupancy conveyed by lease to others.

  • Table A2: Mortgage Loan Valuation Type from Appraisal Report Appraised Valuation Type Toscana Apartments Hypothetical (Conversion of Studio Units - Tax Exempt) As-Is Brookdale Fillmore Pond Market Value of the Specified Assets of the Business As Is, Leased Fee Estate As-Is Winchester Village Apartments As Is - Prospective As-Is 4.

  • Introduction ================================================================================ Definitions of pertinent terms taken from the Dictionary of Real Estate Appraisal, Third Edition (1993), published by The Appraisal Institute, are as follows: Leased Fee Estate An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others.

  • Mullins, H.J. Porter & Associates Rights Conveyed: Leased Fee Estate Land Size: 12.88 Acres Access/Visibility: Good/Good Highest & Best Use: Community Shopping Center Parking: 621 Parking Ratio: 5.00 Building Size: 124,248 SF(NRA) Land:Bldg Ratio: 4.5 Year Built: 1990 Condition: Good Building Description: Concrete block with brick veneer and dryvit exterior.

Related to Leased Fee Estate

  • Leased Real Estate means all real property that the Company or any of its Subsidiaries leases, subleases or otherwise uses or occupies, or has the right to use or occupy, pursuant to a Lease.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Gross estate means the gross estate, for federal estate tax purposes.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Administrative Agent's reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.