Defease With Ease®

Defeasance Documents


Document

Prepared By:
Defeasance Pledge and Security Agreement Servicer Counsel
Defeasance Account Agreement Servicer Counsel
Defeasance Assignment, Assumption and Release Agreement Servicer Counsel
Borrower's Certificate Servicer Counsel
Defeasance Waiver and Consent Servicer Counsel
Accountant's Verification Report CPA Firm
New York Perfection Opinion* Servicer Counsel
Borrower Enforceability Opinion* Borrower Counsel
REMIC Opinion Servicer Counsel
Successor Borrower Substantive Bankruptcy Non-consolidation Opinion Successor Borrower Counsel
Successor Borrower Enforceability Opinion Successor Borrower Counsel

* Note: All CMBS defeasance documents are governed by New York law regardless of where the real property is located. The borrower must engage an attorney to review the defeasance documents, explain them to the borrower, and issue an opinion letter.



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 Property Name: [?]
 Purpose of Defeasance: [?]
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   Original Loan Amount: [?]
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   Amortization (Months): If you do not know the amortization period, click here to calculate it. [?]
   Interest Rate (%): [?]
Interest Calculation: [?]
 Payment Day of Month: [?]
   Note Dated: [?]
   Defeasance Date: [?]
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