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Terms Used In New Hampshire Revised Statutes 460:11

  • 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.
No conveyance, lease or mortgage of household goods in use by a husband and wife in their household shall be valid unless made in writing and executed by the owner and the husband or wife of the owner. This section shall not apply to liens reserved on household goods sold conditionally.