article_search

Search Articles:

Product Finder

Search for products that match of these criteria:

 + Add row
Price:

How nonrecourse loan carveouts jeopardize personal liability

$225.00

SKU: REAmj193. Category: .

Description

Abstract: With the many types of loans available to borrowers, nonrecourse loans remain popular with borrowers because they can shield them from personal liability. But lenders will try to add “carveouts” to minimize that protection. If borrowers violate carveouts in the loan document, they may be left with full liability. This article highlights why both lenders and borrowers will negotiate nonrecourse loan carveouts, with borrowers looking to minimize personal liability.

Additional information

Year

Niche

Newsletter

Issue

Word Count