1. LawStack
  2. Title 25 - Indians
  3. Chapter I - BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
  4. Subchapter H - LAND AND WATER
  5. Part 162 - LEASES AND PERMITS
  6. Subpart C - Residential Leases
  7. Topic - Leasehold Mortgages
  8. 25 CFR § 162.357
25 CFR § 162.357
May a lessee mortgage a residential lease?
February 24, 2021
CFR

(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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§ 162.358 What are the consent requirements for a leasehold mortgage of a residential lease?

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