CFR > Title 11 > Chapter I > Subchapter A > Part 109 > Subpart A – Scope and Definitions
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| § 109.1 | When will this part apply? |
| § 109.3 | Definitions |
Terms Used In CFR > Title 11 > Chapter I > Subchapter A > Part 109 > Subpart A - Scope and Definitions
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.