Force majeure provision in a Lease Does Not Apply where a Commercial Tenant Has the “Ability” To Meet Its Contractual Obligations But Choses Not to Perform Due To “Financial Constraints” Caused By Covid-19 And Government Regulations.
Lenders request endorsements to provide insurance against matters excluded or excepted from coverage.
The Court held that a lender’s guaranty from the settlor/trustee of the Trust on a purchase money loan to the trust was unenforceable as a sham guaranty.
The trustee of a trust may present a certification of trust to a lender in lieu of providing a copy of the trust instrument to establish the existence or terms of the trust.
Electronic signatures are commonly used in most real estate transactions in California. The use of electronic signatures and records in transactions including real estate transactions in California are governed by two acts which came into effect in 2000.
The legality and enforceability of covenants not to compete vary between contexts and states. We explain how covenants not to compete operate in California.
A forbearance agreement is an agreement that gives the borrower a specified period of time before the lender commences or exercises any of its remedies against the borrower.
A loan modification agreement can modify any aspect of an original loan, including a change in the interest rate, extension of the maturity date or amount of debt.
Forming a California limited liability company and setting up an LLC bank account. Simantob Law Group explains what’s involved in setting up an LLC bank account.
All borrowers should review their loan documents to determine if their loan is LIBOR-based.
Follow us:
Please contact us to inquire about our real estate and business law capabilities and how we can meet your legal needs on a cost effective and efficient basis.
