Many commercial real estate loans are “non-recourse,” which means in general terms that foreclosing on the real estate securing the loan is the lender’s sole remedy for a borrower’s failure to repay the loan. The lender is...more
11/12/2019
/ Best Practices ,
Borrowers ,
Commercial Loans ,
Commercial Real Estate Contracts ,
Contract Terms ,
Default ,
Foreclosure ,
Guarantors ,
Indemnity Agreements ,
Independent Counsel ,
Lenders ,
Non-Recourse Loans ,
Remedies ,
Representations and Warranties