Borrowing Checklist

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In most commercial real estate transactions, a mortgage lender will be providing financing. The following is a list of issues which a borrower should consider when approaching the mortgage lender, whether a third party lender or the provider of vendor take back financing. In the context of a purchase, the purchaser should consider the requirements of its lender and anticipate these concerns, as applicable, in the offer to purchase. The following list is not intended to be exhaustive, and any transaction may give rise to additional issues or concerns and, of course, the emphasis on those issues and concerns will vary depending on the circumstances.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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