|
Lender
Liability
We
have developed pre-loan due diligence and post-closing environmental risk
management programs that are tailored to the kinds of properties and businesses
that typically form a loan or a real estate portfolio.
These programs help lenders and investors screen those properties with
the greatest likelihood of environmental risk. They also help
monitor a borrower's environmental compliance to limit the possibility
that a borrower may encounter environmental problems which, in turn, could
affect its ability to repay the loan.
At
the same time, these procedures can minimize the possibility that the
lender will be itself exposed to environmental liability.
|