New Hampshire Revised Statutes 477:37 – Mortgagee’s Consent to Cutting
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Terms Used In New Hampshire Revised Statutes 477:37
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- real estate: shall include lands, tenements, and hereditaments, and all rights thereto and interests therein. See New Hampshire Revised Statutes 21:21
Whenever standing trees have been mortgaged as real estate or are covered by a mortgage of the land on which they stand, the mortgagee may indorse upon said mortgage a consent that the trees may be cut, which consent shall be recorded in the registry of deeds.