Before approving any agreement related to the placement of a semi-permanent structure on the security property, the servicer must consider the extent to which the subject property and neighboring properties may be affected by the exercise of the rights covered in the lease. The servicer must take the following into consideration:
The extent to which the rights granted by the agreement infringe on the property owner’s rights.
Any hazards, nuisances, or damages that may result from the exercise of the rights granted by the lease.
See below for related Q&A's:
For more information please see: D1-1-01, Evaluating a Request for the Release, or Partial Release, of Property Securing a Mortgage Loan.