Welcome Class

Loan documents in a commercial transaction are generally more complex than those commonly seen in a residential transaction and require careful review, which can be time consuming. The good news is that within the framework of the letter of intent, most commercial loan documents can and should be negotiated, so it’s important to know what to look for, especially when representing the borrower. This segment focuses on important aspects and review of the documents, including working with lender’s counsel, and negotiating the documents, and considers matters not often seen in residential loan documents, including future advances, guaranties, environmental indemnitees, assignments of rents and leases and UCC-1 financing statements.