"Must examining for somebody who handles huge advertisement personal loan loans in New York." Jonathan Mechanic, chair of the genuine property division at Fried, Frank, Harris, Shriver & Jacobson
"...a in most cases invaluable publication, and person who i'm going to usually flip to." Roger Bernhardt, Professor of legislation, Golden Gate; Editor of the California actual estate legislations Reporter
Written by way of Joshua Stein of Latham & Watkins LLP, one of many most effective practitioners of industrial loan legislation in long island kingdom and the rustic, Stein on ny advertisement personal loan Transactions presents the trenchant research and useful assistance that busy advertisement genuine property legal professionals desire on a daily basis.
Comprehensive in scope, this one-volume advisor explores the entire variety of criminal matters targeted to manhattan advertisement mortgages, together with 4 chapters dedicated simply to the personal loan recording tax (with emphasis at the myriad difficulties and matters it creates for closings), name coverage, development loans and the recent York Lien legislations, condo source of revenue and rentals, defaults and acceleration, foreclosures and different treatments, ny number of legislation and discussion board, usury, and misplaced notes. different chapters deal with the ultimate method and language that should look in each manhattan loan, with entire causes.
Stein on manhattan advertisement loan Transactions is broadly supplemented with pattern language, version records, and criminal checklists which are necessary to support keep away from the numerous pitfalls during this quarter of the legislation, no matter if you're representing the borrower or the lender. The publication additionally incorporates a statutory complement with all correct excerpts of the statutes advertisement personal loan practitioners want to know approximately, all provided in a pragmatic and trouble-free format.