Real Property Law Section 291-f Clause (Commercial Mortgages) (NY) | Practical Law
A Standard Clause for use in a commercial mortgage for property located in New York. A Section 291-f clause in a mortgage restricts the right of a borrower, as a landlord, to modify a lease or accept prepayments of rent without the lender's consent. This Standard Clause has integrated notes with important explanations and drafting tips.