Delaware Commercial Real Estate Finance Law and Practice

Front Matter

• Front Matter

Preface

• Preface

Chapter 1 Types of Borrowers

• CHAPTER 1.01. Corporations
• CHAPTER 1.02. Partnerships
• CHAPTER 1.03. Limited Liability Companies
• CHAPTER 1.04. Delaware Trusts
• CHAPTER 1.05. Sole Proprietorships and Individuals
• CHAPTER 1.06. Non-U.S. Entities
• CHAPTER 1.07. Series LLCs
• CHAPTER 1.08. Authority to Borrow

Chapter 2 Lending in Delaware

• CHAPTER 2.01. Licensing Requirements for Lending
• CHAPTER 2.02. "Doing Business"
• CHAPTER 2.03. Special RICO Requirements
• CHAPTER 2.04. Taxation
• CHAPTER 2.05. Mortgage Loan Brokers
• CHAPTER 2.06. Limits on Making Loans

Chapter 3 Estates in Land

• CHAPTER 3.01. Fee Estates
• CHAPTER 3.02. Joint Estates
• CHAPTER 3.03. Leasehold

Chapter 4 Mortgage Debt and Contract Law Principles

• CHAPTER 4.01. Delaware Contract Law
• CHAPTER 4.02. Promissory Notes
• CHAPTER 4.03. Consideration
• CHAPTER 4.04. Future Advances
• CHAPTER 4.05. Interest and Late Charges
• CHAPTER 4.06. Choice of Law
• CHAPTER 4.07. Counsel Fee Limitations
• CHAPTER 4.08. Unwritten Modifications and Waivers
• CHAPTER 4.09. Novation
• CHAPTER 4.10. Joint and Several
• CHAPTER 4.11. Confession of Judgment

Chapter 5 Real Estate Lending

• CHAPTER 5.01. Types of Mortgages
• CHAPTER 5.02. Mortgage Loan Transactions
• CHAPTER 5.03. Types of Collateral
• CHAPTER 5.04. Secondary Financing
• CHAPTER 5.05. Other Laws Affecting Real Estate Finance

Chapter 6 Form and Content of Mortgages

• CHAPTER 6.01. Formalities of Delaware Real Estate Mortgages
• CHAPTER 6.02. Optional Provisions
• CHAPTER 6.03. Seal Requirements
• CHAPTER 6.04. Modifications

Chapter 7 Priority of Mortgage Liens

• CHAPTER 7.01. General
• CHAPTER 7.02. Recording
• CHAPTER 7.03. Purchase Money Mortgages
• CHAPTER 7.04. Marshaling
• CHAPTER 7.05. Subordination
• CHAPTER 7.06. Circuity of Lien

Chapter 8 Assignment, Release, and Satisfaction of Mortgages

• CHAPTER 8.01. Assignment of Mortgages
• CHAPTER 8.02. Release of Mortgage
• CHAPTER 8.03. Satisfaction

Chapter 9 Default and Remedies

• CHAPTER 9.01. Breach of Covenants
• CHAPTER 9.02. Acceleration
• CHAPTER 9.03. Foreclosure
• CHAPTER 9.04. Due on Sale
• CHAPTER 9.05. Due on Encumbrance
• CHAPTER 9.06. Receiver
• CHAPTER 9.07. Deficiency

Chapter 10 Assignments of Leases and Rents

• CHAPTER 10.01. General
• CHAPTER 10.02. Agreement to Assign
• CHAPTER 10.03. Perfection
• CHAPTER 10.04. Delaware Statutory Law
• CHAPTER 10.05. Absolute Versus Collateral Assignments
• CHAPTER 10.06. Assignment Contained in a Mortgage

Chapter 11 Personal Property Lending

• CHAPTER 11.01. General
• CHAPTER 11.02. Creation
• CHAPTER 11.03. Perfection
• CHAPTER 11.04. Continuation
• CHAPTER 11.05. Priority
• CHAPTER 11.06. Title Insurance

Chapter 12 Fixture Filings

• CHAPTER 12.01. Financing Statements
• CHAPTER 12.02. Mortgage as a Fixture Filing
• CHAPTER 12.03. Perfection
• CHAPTER 12.04. Priority
• CHAPTER 12.05. Continuation
• CHAPTER 11.07. Restrictions on Transfer

Chapter 13 Guaranties

• CHAPTER 13.01. General
• CHAPTER 13.02. Who Can Make a Guaranty
• CHAPTER 13.03. Consideration
• CHAPTER 13.04. Acceptance
• CHAPTER 13.05. Revocation of a Guaranty
• CHAPTER 13.06. Guarantor's Defenses
• CHAPTER 13.07. Waiver of Defenses
• CHAPTER 13.08. Bankruptcy and Reinstatement of a Guaranty
• CHAPTER 13.09. "Bad Boy" Guaranties
• CHAPTER 13.10. Spousal Guaranties

Chapter 14 Lender Liability

• CHAPTER 14.01. General
• CHAPTER 14.02. Drafting to Minimize Claims

Chapter 15 Opinions

• CHAPTER 15.01. General
• CHAPTER 15.02. Basic Elements of Opinions
• CHAPTER 15.03. Delaware Entity Opinions
• CHAPTER 15.04. Execution and Delivery
• CHAPTER 15.05. The Remedies Opinion
• CHAPTER 15.06. No Violation
• CHAPTER 15.07. No Governmental Approvals Required
• CHAPTER 15.08. Mortgage Lien Creation
• CHAPTER 15.09. No Litigation
• CHAPTER 15.10. Special Bankruptcy-Remote Opinions
• CHAPTER 15.11. Article 9 Opinions