Real Estate Owned Property definition

Real Estate Owned Property means property owned or held by a lender or servicer following foreclosure under the related Mortgage agreement or the acceptance of a deed in lieu of foreclosure.
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Real Estate Owned Property means property owned or held by a lender or servicer
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Real Estate Owned Property means property owned or
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Examples of Real Estate Owned Property in a sentence

  • Confidential Schedule 3.09 identifies all real property, other than foreclosed Other Real Estate Owned Property (“OREO Property”) that, as of the date of this Agreement is (i) owned by Community or any of its Subsidiaries (“Owned Real Property”), or (ii) leased pursuant to which Community or any of its Subsidiaries is a party, either as a lessor or lessee (“Leased Real Property”).

  • Though FAS proclaimed itself the “premier Property Preservation, [Real Estate Owned Property] Maintenance, and Repair Services company,” it still contends that its vendors—those who perform those premier property preservation, maintenance, and repair services—perform work that is outside the usual course of FAS’s business.

  • Real Estate Owned Property & Liability Renewal ApplicationAPPLICANT INFORMATIONApplicant Name: Street Address: City/State/Zip: Insured Email Address: Current Policy Expiration Date: Bind Date Requested: Need Quote By: *Please be specific on the Bind by and Quote by dates.

  • Real Estate Owned Property (REO): A property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction.

  • Any associated worksThe works shall be completed under a section 278 Agreement of the Highways Act 1980 or other appropriate mechanismReason: In the interest of road safety and to achieve the necessary visibility splays for the use of the road from the A329 by hotel users.

  • Model includes a linear time term and is adjusted for age; sex; race; education; income; municipal poverty rate; municipal foreclosure rate; housing unit density at the municipal-level; foreclosure count within 1 km of participants' homes; antihypertensive medication use; and counts of Real Estate Owned Property within 100 – 200 meters, 200 – 300 meters, 300 – 400 meters, and 400 – 500 meters of participants' homes.

  • If staff are concerned that a child may be at risk of radicalisation or being drawn into extremism, they should speak to the Designated Safeguarding Lead and record their concern in writing.

  • CompletedJointlyNot Jointly Schedule of Real Estate Owned Property AddressPresent Market ValueAmt.

  • Confidential Schedule 3.09 identifies all real property, other than foreclosed Other Real Estate Owned Property (“OREO Property”) that, as of the date of this Agreement is (i) owned by KBC or any of its Subsidiaries (“Owned Real Property”), or (ii) leased by KBC or any of its Subsidiaries (“Leased Real Property”).

  • Real Estate Owned Property and Specially Serviced Loan Reports 39 Section 5.04.


More Definitions of Real Estate Owned Property

Real Estate Owned Property means residential real property that is owned by a lender after the property is not sold at a foreclosure auction.
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Real Estate Owned Property means a real property
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Related to Real Estate Owned Property

  • Owned Properties has the meaning set forth in Section 3.16.

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Real Property means, collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests in real property owned in fee or leased by any Loan Party, whether by lease, license, or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, incidental to the ownership, lease or operation thereof.

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • 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.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Company Owned Real Property shall have the meaning set forth in Section 3.15(a).

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.

  • 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 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.

  • Real Estate-Related Securities shall have the meaning set forth in the Charter.

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • State property means any building, land, or other real property owned, leased, or occupied by any department, agency, or instrumentality wholly owned by the State, unless, with respect to any building, land, or other real property leased or rented by the State, the lease or rental agreement shall prohibit the establishment of such vending facilities.

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.