This presentation offers a basic overview of the commercial lending process to help legal support staff understand how all the pieces of the transaction fit together, whether acting for the borrower or the lender.
Topics include commitment letters, parties, types of loans, due diligence searches, pre-funding conditions, insurance, common lender expectations, working with all parties, transmittal letters, security, and standard security documents. Practical tips are included throughout.
This on-demand program was originally presented as an in-person program in March, 2020. Total running time is 51 minutes.
Click here for additional resources from the original program, Commercial Real Estate for Legal Support Staff
Presenter
Nancy Strong, Bishop & McKenzie LLP