Model Insurance Requirements for a Commercial Mortgage Loan

Topics:
Insurance
Tags:
Business Operations,
Corporate Insurance,
Finance,
Financial Planning,
Insurance,
Latham & Watkins,
Mortgage,
Risk Manager
Source:
Latham & Watkins

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Overview: This article offers a set of standard insurance requirements that any mortgage lender might want to use in its loan documents for substantial loans. These requirements are reasonably complete, straightforward, thorough, and lender- oriented, without being excessive. They approach insurance as a prudent risk manager would, if that risk manager wanted to protect the mortgaged property and its cash flow in a manner consistent with typical expectations in commercial real estate.

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Format: PDF | Size: 89KB | Date: Nov 2004 | Pages: 14

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