Effective January 1, 2020, Florida law requires new language to be used in ALL notarial certificates for acknowledgments and jurats pursuant to House Bill 409 (“HB 409”)/Session Law Chapter 2019-71,…
Financing a business acquisition is an eligible use of SBA loan proceeds, provided, that certain conditions are met. SOP 5010(5)(K) states that a business acquisition must result in a 100%…
As a continuation to the article Best Practices: General Title Exceptions – Part 1, this article will continue the overview of “general title exceptions”, which typically appear in an ALTA loan…
As a follow-up to my article Best Practices: The Survey Exception, where I discussed deletion of the standard survey exception from an ALTA loan policy, this article is intended as a…
The U.S. Small Business Administration (“SBA”) National 7(a) Authorization Boilerplate Version 2018 (“Boilerplate”) indicates SBA lenders must obtain a lien on 100% of the interest in the Borrower’s collateral and…
What is the maximum maturity for a real estate loan with construction or renovation? How about a leasehold improvement loan? May a lender amortize an interest only period that is…