CFR > Title 12 > Chapter X > Part 1008 > Subpart A – General
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| § 1008.20 | Scope of this subpart |
| § 1008.23 | Definitions |
Terms Used In CFR > Title 12 > Chapter X > Part 1008 > Subpart A - General
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- 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
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.