Queries regarding terms in commercial mortgage documentation

[Bronte]

Bronte,

To answer your question - as part of "getting to know you" and to demonstrate the relative strength of my finances. I get the impression you don't understand my point. It simply is that I believe what I being asked to commit to is, as another poster put it, way OTT. Personally, I like to agree to fair terms and then to stick to them. Frankly, I'm struggling to understand why you seem to have a problem with this?

Do let us know how you get on in your negotiations on changing or deleting standard clauses in the loan agreements. When you find a bank with what you consider fair terms and conditions give us the head's up.

 

[WhiteCoat]

Hi Bronte,

The bank won't change the general T&Cs. They will, however, include acceptable provisions in the specific T&Cs which will override the general T&Cs. In other words, the bank blinked. Out of respect for the settlement, I do not wish to elaborate further.