Transactions dealing with regulatory risk in development land
Article Abstract:
Regulatory change can have an effect on buyers and sellers of development land. Sellers must provide a complete disclosure of all that they know about a property to avoid misrepresentation claims. Buyers that complete a sale should know that they assume all regulatory risk. Contract issues between buyers and sellers are also discussed.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1998
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Yield maintenance and defeasance: two distinct paths to commercial mortgage prepayment
Article Abstract:
Issuers of commercial mortgage-backed securities favour mortgage prepayment by defeasance. However, many commercial mortgagors may not do so. It is necessary to look in detail at the particular yield maintenance provision in order to compare the costs of yield maintenance to defeasance.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 2000
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The yield maintenance fee and defeasance
Article Abstract:
Information about yield maintenance fee and defeasance is presented. Yield maintenance fee is a type prepayment penalty on a loan. Different methods of calculating yield maintenance fee are presented. Characteristics of this type of penalty are also discussed.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 2005
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