Assignment of Mortgage (Commercial Real Estate Loan) (IL) | Practical Law

Assignment of Mortgage (Commercial Real Estate Loan) (IL) | Practical Law

An assignment of mortgage under Illinois law used to assign and transfer a mortgage from one lender to another lender. This Standard Document is intended for use with the financing of commercial properties in Illinois and has integrated notes with important explanations and drafting and negotiating tips for both the assignor and the assignee.

Assignment of Mortgage (Commercial Real Estate Loan) (IL)

Practical Law Standard Document w-000-1048 (Approx. 21 pages)

Assignment of Mortgage (Commercial Real Estate Loan) (IL)

by Practical Law Real Estate
MaintainedIllinois
An assignment of mortgage under Illinois law used to assign and transfer a mortgage from one lender to another lender. This Standard Document is intended for use with the financing of commercial properties in Illinois and has integrated notes with important explanations and drafting and negotiating tips for both the assignor and the assignee.