Pawning and Mortgaging: Ruling on Validity of Mortgaging Rented Property to a Third Party

Practical Laws of Islam as per the teachings of Imam Khamenei

Pawning and Mortgaging: Ruling on Validity of Mortgaging Rented Property to a Third Party

English:

Question #1673:

Is it permissible for a person who rented some property to mortgage it with a third party, or is it a condition, in order for the transaction to be valid, that the property belongs to the mortgagor?

Answer #1673:

There is no objection to that provided that the landlord has authorized the tenant to mortgage the property.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Pawning and Mortgaging