Borrowers 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
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The Real Estate & Environmental Law Blog aspires to inform the California building and real estate industry about commercial real estate legal developments, recent deals, new projects and the status of the national and regional real estate market. The blog’s objective is to serve as a forum to discuss real estate developments, litigation, regulations, policy and trends.