Establishing and Maintaining Lien Priority (Commercial Real Estate Loans) | Practical Law

Establishing and Maintaining Lien Priority (Commercial Real Estate Loans) | Practical Law

A Practice Note discussing factors for lenders to consider to establish a first priority commercial mortgage lien and protect against losing priority during the loan term. This Note provides an overview of lien priority law and steps the lender's counsel should take to ensure first priority of the mortgage lien at closing and prevent liens from attaching and priming the lender's lien after closing, including tips for document drafting.

Establishing and Maintaining Lien Priority (Commercial Real Estate Loans)

Practical Law Practice Note w-036-5509 (Approx. 17 pages)

Establishing and Maintaining Lien Priority (Commercial Real Estate Loans)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Practice Note discussing factors for lenders to consider to establish a first priority commercial mortgage lien and protect against losing priority during the loan term. This Note provides an overview of lien priority law and steps the lender's counsel should take to ensure first priority of the mortgage lien at closing and prevent liens from attaching and priming the lender's lien after closing, including tips for document drafting.