Excerpt from Practical Guidance

Negotiating Guaranty, Indemnity In Construction Loans

Law360, New York (May 12, 2014, 5:30 PM EDT) -- Construction loans of any significant size will require that an individual person or entity (or more than one person or entity) other than the borrower stand behind certain obligations of the borrower under the loan by providing credit enhancement in the way of guaranties or indemnities....

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