A Primer: Legal Opinions in Loan Modifications, Assumptions and Joinders
"Legal opinions in loan modifications, assumptions, and joinders seem to have fewer generally accepted conventions than traditional loan opinions. This article is meant to be a primer on accepted expectations as well as points of contention that may arise with respect to such opinions. The only point of consensus may be that there is no consensus, and customary practices with respect to these types of opinions need further development."
This article was previously published by the ABA Section of Real Property, Trust & Estate Law's Committee on Legal Opinions in Real Estate Transactions, Opinion Matters, Spring 2018, Vol. 3, No. 1. Reprinted with permission.
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