Insurance in real estate finance transactions

This webinar will provide banking and real estate lawyers with an understanding of the need and types of insurance required in a real estate finance transaction, including an overview of how the insurance due diligence process is completed to the satisfaction of a lender.

Topics covered include:

Property insurance

• Cover
• Exclusions
• Conditions and warranties
• Key insurance points for lenders
• Lease considerations
• Lease considerations for mixed use (freeholder insured)

Construction – all risks

• Cover
• Exclusions
• Third-party liability
• Other sections of the policy

Lender’s clauses in a facility agreement

• Lender’s interest clauses
• Other clauses
• Common issues/negotiation required
• Broker letters (and limits of liability)

Lender’s insurance due diligence

• Why these are important
• Broker letter
• Insurance report