Real Estate Opinion Letter Practice

This treatise on drafting and reviewing opinion letters focuses on commercial real estate transactions, especially mortgage loan transactions. Since its original publication in 1993, it has been the standard text for the preparation and negotiation of real estate opinion letters, a subject which has gained increasing attention by proliferating state and national bar reports and the courts. Addressing both borrower and lender issues, it analyzes the various issues and language involved in rendering legal opinions for real estate secured loans. It summarizes and compares existing and emerging opinion letter practice reflected in state bar and national real estate opinion reports and other commentary and case law, and provides a comprehensive guide to opinion letter "best practices." This hardcover book includes CD-ROM with the texts of virtually every state and national bar report.