By George M. BoboLoan Guaranty Agreement • August 27th, 2014
Contract Type FiledAugust 27th, 2014One Iesson Iearned in the past recession is that fuII Ioan guaranty agreements, where the investors in a commerciaI reaI estate pro¡ect guarantee fuII repayment of the Ioan, don't work, and infIict misery on guarantors and Ienders aIike. It is standard practice for Ienders making residentiaI construction Ioans, deveIopment Ioans, and smaII to midsized Ioans secured by income-producing reaI estate to require that the investors in the pro¡ects guarantee fuII repayment of the Ioans.