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Commercial Real Estate Non-Recourse Loan Carve-Out Provisions

Book Publication Date: Nov 2018
Description: Sample carve-out clauses for a non-recourse commercial real estate loan. These clauses are designed to reimburse lender for certain "bad acts" by the borrower.
Type: Contract Clauses
PLI Item #: 263684
Practice Area: Real Estate
Keywords: "loan"; "lending"; "lender"; "borrower"; "recourse"; "non-recourse"; "real estate"; "property"; "purchase and sale agreement"; "lease"; "tenant"; "security deposit"; "property damage"

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