Commercial Real Estate Loan Abstract (NY) | Practical Law
A loan abstract or summary chart to summarize the key provisions typically found in a commercial real estate loan transaction in New York. This Standard Document can be used during due diligence for the assignment, assumption, or purchase of an existing commercial real estate loan secured by real property in New York. This Standard Document may also be useful to summarize a loan transaction in connection with the purchase or refinancing of commercial real estate in New York. This Standard Document has integrated notes with important explanations and drafting tips.