Customizing Commercial Real Estate Loan Documents for National Lenders (NY) | Practical Law

Customizing Commercial Real Estate Loan Documents for National Lenders (NY) | Practical Law

A Practice Note discussing the recommended changes for customizing jurisdictionally neutral commercial loan documents for national lenders transacting in New York. This Note highlights important facts applicable to all New York mortgage loans and discusses certain limitations on enforcement of New York commercial real estate loan documents and certain appropriate qualifications to a New York enforceability opinion. The information in this Note is designed for use with Practical Law's Standard Documents but can be easily adapted for most standardized form loan documents.

Customizing Commercial Real Estate Loan Documents for National Lenders (NY)

Practical Law Practice Note w-013-4563 (Approx. 25 pages)

Customizing Commercial Real Estate Loan Documents for National Lenders (NY)

by Practical Law Real Estate
MaintainedNew York, USA (National/Federal)
A Practice Note discussing the recommended changes for customizing jurisdictionally neutral commercial loan documents for national lenders transacting in New York. This Note highlights important facts applicable to all New York mortgage loans and discusses certain limitations on enforcement of New York commercial real estate loan documents and certain appropriate qualifications to a New York enforceability opinion. The information in this Note is designed for use with Practical Law's Standard Documents but can be easily adapted for most standardized form loan documents.