Schedule B - Leasehold
Is the lessor currently the owner of the property to be leased? If no, please state the lessor's possession rights. If yes, state the date and terms of acquisition of the property by the affiliated person(s).
Briefly describe lease terms below. Also attach a copy of the proposed lease with this application.
Include copy of independent appraisal OF LEASE
Is the institution, either directly or indirectly, providing financing to enable the lessor to acquire the property? If yes, please detail the credit arrangements.
State any options that either party may exercise regarding this transaction.