Question: From the lender's perspective Construction Risk Exposure may be mitigated by____________. a. advancing funds only against completed work in place b. requiring an attorney to
From the lender's perspective "Construction Risk Exposure" may be mitigated by____________.
a. advancing funds only against completed work in place
b. requiring an attorney to review the developer's plans upfront
c. including either pre-sales or pre-leasing requirements in the commitment to lend
d. requiring a co-signer for the loan
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