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Understanding Commercial Real Estate Loan Documents

Gain an understanding of all sections of required real estate loan documents.

OnDemand
Recorded Wednesday,
October 2nd, 2024
Presented by Robin Russell
2h total length
$299.00 or 1 Token

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Compliance
  • Lending
  • Lending Compliance
  • Risk Management/Legal
  • Bank Legal Counsel
  • Branch Manager
  • Commercial Lender
  • Credit Analyst
  • Internal Auditor
  • Loan Closer
  • Loan Operations Manager/Specialist
  • Mortgage Lender
  • Risk Manager
  • Senior Management
  • Small Business Lender
  • Training Manager
  • Trainer

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Taught at a basic level (for financial institution employees, not lawyers), this session will lead participants through all sections of the various required real estate loan documents.

The purpose is to create a deeper understanding of why certain documents are required, plus the significance of various sections and verbose language (often referred to as “boilerplate”).

Being able to explain document content will add much to customer relationships. This webinar was developed by a lawyer who has been teaching loan documentation for more than 25 years.

What You'll Learn

  • Real Estate Lien Note/Promissory Note: The note is enforceable against the borrower! Review of each section for content, purpose, rights of all parties, and scope of language.
  • Mortgage and Deed of Trust: The mortgage or deed of trust is enforceable against the real property interest taken as collateral. Review of each section for content, purpose, rights of all parties, representations and warrantees, plus enforceability.
  • Title Commitment and Title Policy: The title policy protects the lender by assuring an acceptable lien position. Knowing what to expect and what to look for is essential to underwriting and closing real estate loans.
  • Guarantees: A guarantor of a real estate loan may have limited recourse and/or may execute a special environmental guaranty.
  • Bankers need to understand the types of guarantees specific to real estate loans.

Who Should Attend

Lenders, loan assistants, loan operations personnel, credit analysts, and personnel involved in real estate loan review, internal audit, and compliance will all benefit from this session.


Robin Russell

Instructor Bio

Robin Russell has practiced law for 35 years and is licensed in Texas, New York, and Massachusetts, and has extensive experience in the energy sector, having been named to Oil and Gas Investor's 25 Influential Women in Energy in 2019. She is a fellow in the American College of Bankruptcy and of the American Law Institute. She combines a depth of experience in bankruptcy restructuring and litigation with financial transactions. She has represented corporate debtors, independent directors, liquidating trustees, bondholders, unsecured creditors' committees, bank groups, private equity funds, landlords, trade creditors, and bidders for estate assets in Chapter 11 and Chapter 7 bankruptcy proceedings. She has also represented banks, institutional lenders, and corporate borrowers in commercial loan transactions and debt restructurings.

Robin is the principal author of Thomson Reuters' Texas Practice Guides for both Creditors' Rights and Financial Transactions and the Texas Bankers Association's Texas Secured Lending Guide, Texas Problem Loan Guide, Texas Real Estate Lending Guide, and Texas Account Documentation Guide. She is a frequent speaker on banking, bankruptcy, and financial restructuring-related topics and has served as a Chapter 7 Trustee. Robin received her LL.M. in Banking Law from Boston University and her J.D. from Baylor University where she was Editor-in-Chief of the Baylor Law Review. She clerked for the Texas Supreme Court before beginning her legal career.