What is a standby commitment? When and why is it used?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Question Posted: Sep 26, 2018 01:12 PM

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What is a standby commitment? When and why is it used?

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A standby commitment is an agreement by a lender to provide permanent fi...View the full answer

Real Estate Finance and Investments

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