Representation and Warranty Insurance in Commercial Real Estate TransactionsApril 5th, 2016
FiledApril 5th, 2016A contract for the sale and purchase of commercial real estate (hereinafter, the “PSA”), in addition to setting forth the business terms reached by the parties, is at its core an allocation of risks and benefits. The types of risks and benefits to be shared by the parties to a PSA will be determined by many factors, including the nature and size of the transaction, the type of property, market conditions and the negotiating leverage of the parties. Naturally, it is the goal of each party to the PSA to minimize risk and maximize benefits.