Environmental Exposures and Lender Concerns slide image

Environmental Exposures and Lender Concerns

Addressing Lender Concerns/Storage Tank Trust Fund The Trust Fund has arguably provided lenders some comfort that there may be a source of funds to address potential contamination on mortgaged properties with USTS. The lender's interest is three-fold: ⚫ ensure the value of the mortgaged property is maintained do not want to incur liability upon foreclosure Enhance or preserve marketability of the property 47
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