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Real Estate Encyclopedia | Property Law Dictionary | Real Estate Terms | Meanings & Definitions |      Aug 07, 2020

More New Real Estate Terms

leveraged lease

A lease that is entered into so the rental income is secured to cover the cost of servicing a mortgage secured against the property. Thus, the lease involves three parties, the lessor, lessee and the lender. The mortgage loan secured on the property then provides that the lender has an assignment of the lease and the lease payments as additional security for the loan.

    Terms in bold are defined elsewhere in the Encyclopedia — more in the User Guide.

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