Deed-in-Lieu of Foreclosure (Commercial Real Estate) (NJ) | Practical Law

Deed-in-Lieu of Foreclosure (Commercial Real Estate) (NJ) | Practical Law

A recordable form of deed drafted in favor of the lender that transfers title to commercial real property from a borrower (grantor) to its lender (grantee) relating to a deed-in-lieu of foreclosure transaction in New Jersey. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both borrower's and lender's.

Deed-in-Lieu of Foreclosure (Commercial Real Estate) (NJ)

Practical Law Standard Document w-026-9371 (Approx. 24 pages)

Deed-in-Lieu of Foreclosure (Commercial Real Estate) (NJ)

by Practical Law Real Estate
MaintainedNew Jersey
A recordable form of deed drafted in favor of the lender that transfers title to commercial real property from a borrower (grantor) to its lender (grantee) relating to a deed-in-lieu of foreclosure transaction in New Jersey. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both borrower's and lender's.