Chicago Title NCS Chicago: SYFCREC 2021

Surviving Your First Commercial Real Estate Closing I Mechanic’s Lien Risks & Construction Escrow Date Down 7 Endorsement 13 Surviving Your First Commercial Real Estate Closing I Mechanic’s Lien Risks & Construction Escrow Case Study - Buyer’s Work Contracts have been let prior to closing. What is required to provide mechanic’s lien coverage to the Lender? What is required in order to provide mechanic’s lien coverage at each draw? 14 o Sworn statements o Lien waivers o Construction escrow process 13 14 80