Security Property Law and Legal Definition
According to 12 USCS § 3702 [Title 12. Banks and Banking Chapter 38. Multifamily Mortgage Foreclosure] security property means “the property, real, personal or mixed, or an interest in property, including leaseholds, life estates, reversionary interests, and any other estates under applicable State law, together with fixtures and other interests subject to the lien of the mortgage under applicable State law.”
Legal Definition list
Related Legal Terms
- Abandoned Property
- Abandoned Security Property [Agriculture]
- Abandonment of Property
- Access Control List [National Security]
- Access Control Mechanism [National Security]
- Accessible Space [National Security]
- Accountable Personal Property
- Acid Contaminated Property
- Adventitious Property
- Adverse Claim on Security
