Three Traps for the Unwary Construction Lender

Fourth Quarter , 2010 Conventional wisdom among construction lenders holds that a first mortgage is bulletproof to claims by contractors, subcontractors and suppliers. The belief, generally, stems from the fact that lien claimants are subordinate to the construction...

Guaranty Agreements – A Sure Thing or a Paper Tiger?

Third Quarter, 2010 A guaranty agreement is generally enforceable and, in practice, a guaranty agreement is enforced the overwhelming majority of the time. However, lenders tend to discuss a guaranty agreement with the same certainty that the sun will rise the next...
Malcare WordPress Security