[WSBARP] Security Interest in Ground Lease

[Jeff Davis]

Listmates,

 

Client wants to loan money so Borrower can purchase a manufactured home
placed on a rented space under a 50 year lease.  Client wants a security
interest in the lease.  To perfect this security interest do you take a
mortgage in the ground lease or file a fixture filing statement?  Your
suggestions would be appreciated.

 

Jeff Davis

 

W. Jeff Davis, Esq.

BELL & DAVIS PLLC
P.O. Box 510
Sequim WA 98382
Phone No.:(360) 683.1129 
Fax No.: (360) 683.1258 
email:  <mailto:info at bellanddavispllc.com> info at bellanddavispllc.com
 <http://www.bellanddavispllc.com/> www.bellanddavispllc.com
 
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