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Code of Federal Regulations Title 25. Indians § 25.162.357 May a lessee mortgage a residential lease?

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) A lessee may mortgage a residential lease by meeting the consent requirements in § 162.358 and obtaining BIA approval of the leasehold mortgage under in §§ 162.359 and 162.360.

(b) Refer to § 162.349(b) for information on what happens if a sale or foreclosure under an approved mortgage of the leasehold interest occurs.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.162.357 May a lessee mortgage a residential lease? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-162-357/

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