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SBA Loan Closings (Session 7): Real Property Collateral in SBA 504 and 7(a) Loan Closings

March 26, 2024
1h 30m
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What You'll Learn AI-Generated

  • 1 Assignment and recordation of the mortgage or deed of trust to SBA in a 504 closing
  • 2 Mandatory lien clauses: due-on-sale, change-of-ownership acceleration, and arbitration unenforceability
  • 3 When the title company requires a survey and choosing ALTA versus location surveys
  • 4 ALTA loan policy endorsements to request, including 'without MML' and addressing 2021 ALTA 14 wording

Based on transcript analysis

Overview

Intermediate

This course includes:

  • 1.5 hours on-demand video
  • Certificate of completion
  • CLE credits and reporting (if applicable)
  • Closed captions
  • Desktop & mobile access

CLE Credits

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