WHY YOU NEED TO ENGAGE IN DUE DILIGENCE PRE-ACQUISITION Prior to purchasing or leasing property, it is necessary in most instances to engage in at least a screening environmental review. The purpose of a pre-transaction investigation is two-fold: first, to determine whether there are issues that must be dealt with in the relevant agreement (or… Continue Reading
Category Archives: Secured Lending and Finance
Subscribe to Secured Lending and Finance RSS FeedWhen is a bad act, which triggers recourse on a mortgage loan, a good act for the lender?
Posted in Real Estate Development, Secured Lending and FinanceBorrowers and guarantors often ask mortgage lenders to not seek personal judgments against them and only look to the real property and other collateral for repayment of their loan in case of default. If granted, the loans are commonly called “non-recourse” loans. However, if even a lender grants such non-recourse, it will want certain exceptions… Continue Reading
Evolving Security Trends in Solar Project Financing
Posted in Secured Lending and FinanceThe current trend in solar power facility financing is for the lender to take a security interest in all of the borrower entity’s assets, but not a deed of trust covering the real property rights of the borrower. Project lenders have determined that the collateral assignment of the site control agreement, whether a lease, easement of… Continue Reading