Years of experience are needed to become proficient in property research, there are many different nuances in each State and County nationwide.
The Food Security Act (FSA) states that a buyer may buy farm products without being subject to a security interest created by the seller. However, the FSA does allow a secured party to take action to prevent a buyer from obtaining clear of security interest.
As a lender, deals come across your desk often and all of them require risk evaluation, but where do you find answers to determine the level of liability of this new loan? When a five-point due diligence search is added into the pre-funding strategy, the financial status of a prospective debtor reveals a clearer picture, lessening the unknowns.
If you are here reading this blog article then you’ve likely taken your bank through some unprecedented times. Thankfully, for most lenders, you were in a decent place in terms of capital levels when the pandemic occurred. However, there are many new considerations as a result of these difficult times to help guide how things proceed.
The time for transitioning from the London Interbank Offered Rate (LIBOR) is quickly approaching with the looming May 2021 deadline and there are things for your lending group to consider in the meantime.
A tax lien is the public notice of a legal claim by a government agency against assets or property to secure the payment of outstanding taxes.