California Deed of Trust: Non-Borrower/Third-Party Trustor Provisions | Practical Law

California Deed of Trust: Non-Borrower/Third-Party Trustor Provisions | Practical Law

Pro-lender Standard Clauses for use in a California deed of trust where the lender's security is commercial real estate owned by a party that is not the borrower of the loan. The party owning the real estate is considered a non-borrower or third-party trustor with suretyship and other rights that the lender should require the party to waive. These Standard Clauses have integrated notes with important explanations and drafting tips.

California Deed of Trust: Non-Borrower/Third-Party Trustor Provisions

Practical Law Standard Clauses w-000-5144 (Approx. 13 pages)

California Deed of Trust: Non-Borrower/Third-Party Trustor Provisions

by Practical Law Real Estate
MaintainedCalifornia
Pro-lender Standard Clauses for use in a California deed of trust where the lender's security is commercial real estate owned by a party that is not the borrower of the loan. The party owning the real estate is considered a non-borrower or third-party trustor with suretyship and other rights that the lender should require the party to waive. These Standard Clauses have integrated notes with important explanations and drafting tips.