How is Real Estate Loan defined in a legal contract?
- Real Estate Loan means any debt obligation that is either directly or indirectly secured by collateral such as commercial or residential real estate, office spaces, retail, industrial property or undeveloped land. It is underwritten as a mortgage loan and is not affiliated with any operating business. Seen in 38 SEC filings
- Real Estate Loan means a debt that is primarily secured by a mortgage, deed of trust or a similar lien on commercial or residential real estate. The primary method of loan repayment is derived from rental or other related real estate income. Seen in 16 SEC filings
- Real Estate Loan means any debt obligation that is directly or indirectly secured by collateral on any real estate property. The collateral may include residential, commercial, office, retail, or industrial properties. The loan is also primarily underwritten as a mortgage loan. Seen in 13 SEC filings
- Real Estate Loan means a note receivable that is secured by a Lien on real estate, where significant value is attributed and relied upon in the underwriting process of the note. Seen in 9 SEC filings
- Real Estate Loan means any credit or obligation secured by real estate, whether fully owned or on a leasehold extending for at least fifty years or ten years beyond the loan's maturity date. Seen in 6 SEC filings
- Real Estate Loan means any contract that provides for a loan secured by real estate interest, including, but not limited to contracts secured by mortgages, trust deeds, and conditional land sales contracts. Seen in 5 SEC filings
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Real Estate Loan means a finance arrangement, secured by commercial or residential property.
Relevant Contract Types
Relevant Circumstances
- When a individual or business seeks to purchase property and needs financing.
- When a business wants to use their real estate as a collateral in exchange for a loan.
- When a lender wishes to secure the loan with a borrower's property.
- For refinancing existing property loans.
Relevant Sectors
Genie Definition 2
- Real Estate Loan means a debt obligation, primarily repaid from real estate rental or related income.
Relevant Contract Types
Relevant Circumstances
- When a property owner wishes to use the income from rental or real estate related income to repay a loan.
- When a lender is willing to accept repayment from rental or other real estate related income.
Relevant Sectors
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Real Estate Loan means a finance arrangement, secured by commercial or residential property
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