Defeased securities are debt instruments backed by cash or low-risk assets, neutralizing their impact on the issuer's balance ...
Every borrower looking to refinance an existing commercial real estate loan or sell a property encumbered by one needs to consider how to release its existing financing. Commercial loan documents ...
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What Is a Defeasance Clause in Real Estate?
A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's ...
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