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Tag Archives: Mortgage Lenders

Assignment Of Rents And Commercial Mortgages

By Charlip Law Group L.C. |

Commercial mortgages can be subject to foreclosure when the borrower defaults on the mortgage, similar to residential properties.  However, with commercial mortgages, the mortgage lender may include conditions in the loan agreement that may later be utilized to recoup the balance owed in the event of a default. One such condition is an assignment… Read More »

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