May 25, 2017
Advantage Title: Industry Bulletin 2017-03
Insuring the Lien of the Mezzanine Loan
We are pleased to share with you a recently published piece co-authored by Advantage Title’s Executive Vice President and National Transaction Counsel, Christine Favara Monti, entitled “Insuring the Lien of the Mezzanine Loan.”
This Practice Note, prepared as a teaching tool for Thompson-Reuters Practical Law series, addresses the options available to lenders seeking to insure the lien of their mezzanine loan. This Note discusses the perfection and priority of the lien of the mezzanine loan and describes the steps lenders can take to maximize their lien priority. This Practice Note also discusses the due diligence materials typically required by the UCC insurance policy issuer and the coverage available under the UCC insurance policy, including certain special factors to consider when a loan is intended for securitization in the secondary markets.
We hope that you find this Practice Note to be a valuable resource.
Please contact Christine Favara Monti at
631.424.6100 or email@example.com
with any questions concerning this Bulletin.
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