Dec 22, 2010 | Uncategorized
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...
Sep 1, 2010 | Uncategorized
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...
