A Practical Guide to Real Estate Finance and Lending in Collierville
If you are involved in a property transaction that includes financing, having clear legal guidance can reduce risk and protect your interests. At Jay Johnson Law Firm we handle matters related to mortgages, loan documents, title-related lending concerns, and lender or borrower protections in the Collierville area. Our approach emphasizes careful document review, communication with lenders and parties, and pragmatic problem solving to help move transactions forward while identifying and addressing potential legal issues early in the process. We serve clients across Shelby County and elsewhere in Tennessee with focused attention on finance and lending matters.
Real estate finance and lending matters often involve tight deadlines, lender requirements, and detailed documentation that must align with state and local practices. Whether you are closing a commercial loan, securing financing for development, or navigating refinances and subordinations, having an attorney who knows how these transactions typically proceed in Tennessee helps preserve value and reduce surprises. We prioritize straightforward explanations, proactive coordination with lenders and title companies, and practical recommendations so clients understand options and potential outcomes before important decisions are made.
Why Legal Guidance Matters in Real Estate Finance and Lending
Legal guidance in real estate financing helps ensure that loan documents, security interests, and closing statements reflect the parties’ intentions and comply with applicable laws. Proper review can prevent future disputes over lien priority, enforceability of covenants, or borrower protections. By addressing issues such as title encumbrances, recording requirements, and proper notice, an attorney can reduce the likelihood of costly litigation or delays at closing. Thoughtful legal review also supports smoother negotiations between borrowers, lenders, and title professionals, preserving the transaction timeline and helping all parties move forward with confidence.
About Jay Johnson Law Firm and Our Focus on Real Estate Finance
Jay Johnson Law Firm handles a range of real estate finance and lending matters for clients across Tennessee, including Collierville and Shelby County. The firm provides hands-on legal support for loan document negotiation, title review, closing coordination, and resolution of encumbrance issues. Our team works closely with lenders, buyers, sellers, and title companies to clarify obligations and ensure documents are properly prepared and recorded. This practical, transaction-oriented approach helps reduce delays and protect client interests during each phase of the financing process.
Understanding Real Estate Finance and Lending Services
Real estate finance and lending legal services include review and drafting of loan agreements, mortgage and deed of trust documents, security instruments, subordination and intercreditor agreements, and title-related protections. Attorneys also conduct due diligence on encumbrances that could affect lender rights, assist with satisfaction or release documents, and advise on recording and priority issues. These services are relevant whether you are originating new loans, refinancings, construction financing, or addressing loan servicing and foreclosure-related procedural matters, and they focus on ensuring the legal mechanics of funding and security are correctly in place.
Clients often need counsel on negotiating loan covenants, crafting appropriate guaranty language, and ensuring notice and default provisions are clear and enforceable under Tennessee law. Effective legal involvement includes confirming that title insurance commitments do not contain unaddressed exceptions, ensuring payoffs and releases are completed, and preparing closing memoranda that reconcile payoff figures and recording needs. The goal is to provide clients with legally sound documents and a documented closing trail so that the financed property and loan position are protected after funding and recording are complete.
Defining Real Estate Finance and Lending Work
Real estate finance and lending legal work addresses the intersection of property rights and secured lending. This includes creating the legal structure that allows lenders to take and protect security interests in real property, drafting the agreements that spell out repayment and remedies, and resolving title or lien issues that could impair those security interests. Attorneys in this area help translate commercial and financing terms into enforceable legal language, ensure documents comply with statutory standards, and coordinate with title and recording offices so that lender interests are visible and prioritized in public records.
Key Elements and Typical Processes in Financing Transactions
Typical financing transactions involve loan commitment letters, due diligence (including title searches and surveys), negotiation of loan and security documents, payoff and subordination arrangements, and final closing and recording. Each stage requires attention to timing and detail, such as lender conditions for funding, title exceptions that must be cured, and correct recording to establish priority. Attorneys help manage these steps and provide checklists and closing statements that align lender instructions with borrower obligations, helping prevent last-minute issues that can delay or derail closings.
Key Terms and Glossary for Real Estate Finance
Understanding common terms helps parties navigate financing transactions. The glossary covers concepts like mortgage, deed of trust, lien priority, subordination, payoff, escrow, and recording. Familiarity with these terms clarifies what each document does, how lender interests are protected, and what actions are necessary at closing to preserve priorities. Clear definitions also assist non-lender parties in understanding their obligations and potential risks so they can make informed decisions during negotiations and before signing binding documents.
Mortgage or Deed of Trust
A mortgage or deed of trust is the document that creates the lender’s security interest in real property and establishes remedies in the event of default. It typically contains covenants about payment, maintenance, insurance, and remedies upon default, and it must be properly recorded to put third parties on notice. The precise form varies by jurisdiction, and the agreement should be reviewed to confirm that recitals, legal descriptions, and enforcement provisions align with the underlying loan agreement and state recording requirements.
Title Exceptions and Liens
Title exceptions refer to matters listed on a title commitment that are not cleared and may affect marketable title, such as outstanding liens or easements. Liens can include prior mortgages, judgments, or tax liens that may take priority over a new lender’s security interest unless addressed. Resolving or insuring against these exceptions is a core part of closing, and lenders typically require certain exceptions to be removed or covered by title insurance to protect the funded loan position.
Subordination and Intercreditor Agreements
Subordination and intercreditor agreements determine the relative priority of competing lenders or lien holders on a property. These documents specify which party has first claim in the event of default and are common when multiple loans or encumbrances exist. Properly drafted agreements clarify remedies, payment priority, and foreclosure rights to minimize disputes among creditors and to provide predictable outcomes for each lender’s security interest.
Recording and Priority
Recording is the process of filing mortgages, deeds of trust, releases, and similar documents in the county records to provide public notice and establish lien priority. Priority is usually determined by the order of recording, though certain statutory or contractual arrangements can modify priority. Ensuring proper recording and addressing any defects in the chain of title are essential steps to secure lender rights and avoid challenges to enforceability later on.
Comparing Limited and Comprehensive Legal Approaches
When seeking legal support for financing, clients can choose a limited review focused on particular documents or a more comprehensive approach covering due diligence, negotiation, and closing coordination. A limited review may be suitable for straightforward transactions with familiar lenders and clean titles, while a comprehensive approach is often preferred for larger, multi-party, or layered financings where priorities, subordination, or construction draws require active management. Evaluating the complexity of the loan, the presence of multiple encumbrances, and schedule sensitivity helps determine the appropriate level of legal involvement.
When a Limited Legal Review May Be Appropriate:
Simple Refinance or Single-Lender Transactions
A limited review can work well for straightforward refinances or purchase transactions where there is a single lender, standard loan terms, and a clear title history. In these cases the primary need is confirmation that loan documents match negotiated economic terms, that the payoff and recording instructions are correct, and that title exceptions are routine and easily cleared. This approach reduces cost while still addressing the essential legal points needed to close without unexpected encumbrances or discrepancies.
Well-Established Lender Procedures and Familiar Titles
When dealing with a lender who uses standard, well-understood procedures and the property has minimal title complications, limited legal review can accelerate the timeline and keep transactional costs manageable. The review focuses on confirming the completeness and accuracy of closing figures, ensuring the principal documents reflect negotiated terms, and verifying the recording process. This limited scope is intended to prevent last-minute issues while avoiding the time and expense of full transactional oversight when it is not necessary.
Why a Comprehensive Legal Approach May Be Preferable:
Complex Financing and Multiple Creditors
Comprehensive legal engagement is recommended when transactions involve construction financing, multiple lenders, mezzanine debt, or existing encumbrances requiring negotiation or subordination. In these situations legal counsel manages intercreditor relationships, coordinates paydown and release mechanisms, and ensures that loan documents, guaranties, and security instruments align across all parties. A full approach reduces the risk of conflicting rights, unintended exposure, or recording gaps that could jeopardize a lender’s or borrower’s position after funding and during project development.
Transactions with Title Concerns or Regulatory Issues
When title searches reveal exceptions, unresolved liens, boundary or easement questions, or when the transaction implicates regulatory issues like zoning or lender compliance requirements, comprehensive legal work helps address those matters before closing. Thorough due diligence, negotiation of cures or indemnities, and careful drafting of protections for the lender and borrower create a stable foundation for a funded loan and reduce the likelihood of post-closing disputes or enforcement obstacles that can arise when underlying issues were not fully addressed.
Benefits of a Comprehensive Legal Approach to Financing
A comprehensive approach offers clearer allocation of risk, more predictable outcomes, and greater protection of recorded priority interests. It includes detailed review of title, negotiated cures for exceptions, coordinated payoff instructions, and careful drafting of subordination or intercreditor agreements. These measures reduce the chance of later challenges to lien priority or unanticipated payoffs and help create a documented paper trail that supports enforcement or defense of lender and borrower rights should a dispute arise after funding and recording.
Beyond document review, comprehensive involvement helps anticipate issues that affect timing and costs, such as survey discrepancies, municipal liens, or unresolved contractor claims on construction projects. By addressing these potential impediments early, clients can avoid last-minute delays and additional expenses. Comprehensive legal oversight also improves coordination among title companies, lenders, and closing agents so that recording and release mechanics occur smoothly and the financed property remains properly protected under public records.
Improved Risk Management and Clear Priorities
A comprehensive legal approach reduces the chance of overlooked title issues or recording errors that can compromise priority or security interests. By addressing exceptions, confirming recording procedures, and documenting intercreditor arrangements, clients maintain clearer priority positions and better defenses against competing claims. This form of risk management helps lenders and borrowers understand exposure, limits surprises at closing, and preserves the intended economic structure of the transaction by making sure protections are enforceable and properly reflected in public records.
Smoother Closings and Fewer Post-Closing Disputes
By coordinating due diligence, title cures, payoff mechanics, and correct recording, comprehensive engagement typically leads to smoother closings and fewer post-closing disputes. Effective oversight reduces the likelihood of corrective documents or litigation after funding, and it helps maintain project schedules that depend on timely access to funds. The resulting stability benefits all parties by limiting delays, clarifying responsibilities, and creating a documented process that supports efficient resolution if issues arise later on.
Practice Areas
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Practical Tips for Financing and Lending Transactions
Start Title and Payoff Review Early
Begin title searches, survey reviews, and payoff investigations well before the scheduled closing date to allow time to address exceptions and resolve outstanding encumbrances. Early review reduces the risk of last-minute delays and gives parties time to negotiate cures or obtain required releases. Allowing adequate time also helps coordinate lender conditions for funding, which often include documented proof of cleared exceptions and correctly prepared recording documents. Early attention to these items supports a smoother, more predictable closing process.
Confirm Recording and Priority Expectations
Document Intercreditor Terms Clearly
When more than one lender or secured party is involved, ensure intercreditor and subordination terms are clearly documented to define payment priority, foreclosure rights, and enforcement procedures. Clear agreements reduce the potential for disputes and help lenders and borrowers understand how competing claims will be handled. Having these arrangements in place before funding reduces uncertainty and supports coordinated action if enforcement or restructuring becomes necessary in the future.
Reasons to Consider Legal Help for Real Estate Financing
Legal involvement can protect parties from drafting errors, recording defects, and unaddressed title exceptions that could later lead to lost priority or enforcement problems. Attorneys review lender documents to ensure terms reflect agreed economics and that borrower protections are clear, assist in negotiating cures for title defects, and prepare closing memoranda that reconcile payoff figures and recording priorities. Such attention reduces the chance of contentious disputes and provides a clear record supporting future enforcement or defense actions if necessary.
Engaging legal support also aids in managing complex transactions involving multiple lenders or phased draws where construction and completion milestones affect funding. Counsel can draft draw procedures, lien waivers, and monitoring processes that protect lender funds and clarify borrower obligations. This helps preserve project schedules and minimizes interruptions to development or occupancy that can arise when parties lack coordinated documentation or when title matters unexpectedly surface during funding stages.
Common Circumstances That Call for Financing Counsel
Clients typically seek financing counsel for construction loans, commercial acquisitions, complicated refinances, intercreditor arrangements, or when title searches reveal unexpected encumbrances. Counsel is also sought for loan workouts, payoffs and reconveyances, and ensuring compliance with lender conditions at closing. When timing, priority, or legal mechanics have meaningful financial impact, having an attorney assist with documentation and negotiation can streamline the transaction and reduce exposure to unanticipated liabilities.
Construction and Development Financing
Construction and development financing often involves multiple draws, conditional disbursements, and progress inspections that require careful documentation to protect lender interests and support project timelines. Legal oversight helps structure draw schedules, lien waiver processes, and remedies for defaults, and it coordinates with title and survey requirements to maintain lender priority throughout the building process. Attention to these details helps avoid funding disputes and supports the orderly completion of projects.
Refinances with Prior Encumbrances
Refinancing a property that has prior encumbrances or unsettled title matters requires negotiation of payoffs, releases, or subordination agreements to establish clear priority for the new loan. Legal review ensures payoff statements are accurate, that releases will be properly recorded, and that any prior claims will not interfere with the new lender’s security interest. This reduces the chance of costly corrective work after closing and supports a clean recorded title for the refinanced loan.
Multi-Lender or Intercreditor Situations
When multiple lenders or mezzanine lenders are involved, intercreditor agreements and subordination provisions must be carefully negotiated to define rights and remedies among creditors. Legal counseling helps craft these agreements to address priorities, enforcement procedures, and practical issues like consent thresholds for amendments. Clear documentation mitigates disputes among lenders and creates a predictable framework for workout or enforcement scenarios that may arise during the life of the loan.
Collierville Real Estate Finance and Lending Legal Services
We are available to assist Collierville property owners, lenders, developers, and investors with finance and lending matters that require legal attention. Our services include document review, title and lien resolution, subordination negotiations, closing coordination, and drafting of protective provisions for both lenders and borrowers. We aim to provide practical, responsive support that aligns transaction mechanics with client objectives so closings proceed as planned and security interests are preserved in public records.
Why Choose Jay Johnson Law Firm for Financing Matters
Clients choose Jay Johnson Law Firm for focused assistance with complex transaction details, timely communication with lenders and title companies, and a practical approach to resolving title and documentation issues. We work to ensure that documents reflect negotiated terms, that recording and payoff instructions are correct, and that any exceptions or encumbrances are addressed before closing. This pragmatic attention to the transaction mechanics helps reduce delays and provides clarity for all parties involved.
The firm handles matters ranging from routine loan closings to multi-party financings and construction loans, tailoring our role to client needs. Whether you require a limited review of critical documents or comprehensive management of due diligence and closing coordination, we provide clear guidance about the legal implications of financing terms and the steps needed to protect recorded interests and funding outcomes.
We also prioritize clear communication and practical solutions that align with a client’s business timeline, recognizing that funding delays can have real financial consequences. By coordinating with lenders, title companies, and closing agents, the firm helps clients navigate deadlines, reconcile payoff figures, and ensure recording follows the intended priority sequence so funds can be disbursed and security recorded as planned.
Contact Jay Johnson Law Firm for Collierville Financing Matters
How We Handle Real Estate Finance and Lending Matters
Our process begins with a clear assessment of loan documents, title commitments, and closing timelines. We identify required cures or releases, communicate with lenders and title agents to resolve outstanding issues, and prepare closing checklists and recording instructions tailored to the transaction. Throughout, we update clients on progress, provide written summaries of legal concerns and options, and work to ensure the funding and recording steps proceed smoothly to protect recorded priorities and reduce the need for post-closing corrections.
Step One: Initial Review and Due Diligence
The initial phase focuses on document intake and diligence including review of loan commitments, title reports, surveys, and related agreements. This stage identifies potential title exceptions, lien priorities, and any statutory or contractual conditions that must be satisfied before funding. Clear communication at this point establishes deadlines, needed cures, and roles for title agents or lenders so that subsequent negotiation and drafting proceed with a shared understanding of outstanding items.
Review Loan Documents and Title Commitment
We carefully compare the loan commitment and proposed loan documents against the title commitment and survey to identify inconsistencies or exceptions that could affect loan security. This review includes verifying legal descriptions, confirming insured parties on title policies, and highlighting exceptions that require cures or endorsements. Early identification of these items allows for targeted negotiation or documentation to ensure the lender’s intended protections are achievable at closing.
Coordinate with Title and Lender for Cures
After identifying exceptions, we coordinate with the title company, lender, and borrower to determine who will address each issue, whether via payoff, release, endorsement, or indemnity. This coordination sets expectations for timing and costs and ensures the closing timeline includes necessary steps to clear or insure exceptions. Clear responsibilities and schedules reduce surprises and help ensure required documentation will be ready at the time of funding.
Step Two: Negotiation and Document Preparation
In this stage we negotiate any necessary changes to loan documentation, prepare subordination or intercreditor agreements, and draft closing deliverables such as payoff letters and attestations. The goal is to align contractual language with negotiated economic terms and priority arrangements. Careful drafting and negotiation here reduce ambiguity and present a consistent set of closing documents that reflect the parties’ expectations and legal protections.
Drafting and Adjusting Security Instruments
We draft or review mortgages, deeds of trust, and related security instruments to confirm definitions, remedies, and obligation clauses match the loan agreement. Attention is paid to default triggers, grace periods, and borrower obligations such as insurance and maintenance. Proper drafting helps ensure that remedies and foreclosure procedures are clearly described and that lender rights are appropriately preserved under Tennessee laws and recording practices.
Preparing Closing Memoranda and Payoff Instructions
Before closing we prepare written closing memoranda that summarize required deliveries, payoff instructions, and recording priorities so all parties have a single reference for closing mechanics. These documents help the closing agent and lender coordinate funding, ensure payoffs and releases are obtained, and confirm the recording sequence needed to achieve the intended lien priorities. Having a clear closing roadmap reduces the risk of delay or misfiling at the courthouse.
Step Three: Closing, Recording, and Post-Closing Follow-Up
The final stage includes monitoring the closing, confirming disbursement of funds, ensuring documents are recorded in the proper order, and obtaining evidence of recording and release where applicable. Post-closing follow-up verifies that all recorded documents are reflected in public records and that any required endorsements or corrections are addressed promptly. This final validation helps preserve recorded priority and ensures the transactional objectives are fully realized.
Monitor Funding and Recording
We track funding to confirm that disbursements occur only after required conditions are satisfied and that recording instructions are implemented in the correct sequence. Monitoring reduces the risk of funds being released before necessary releases or cures are in place, and ensures that the lender’s security interest is reflected properly in public records. Timely oversight helps maintain the integrity of the transaction and protect creditor and borrower expectations.
Address Post-Closing Matters and Confirm Recording
After closing we obtain copies of recorded documents and verify that recordings match the intended instruments and priorities. If corrective recordings or endorsements are needed, we assist with preparation and filing to resolve discrepancies. Confirming the public record and addressing any follow-up items provides clients with documented assurance that loan mechanics and lien positions were executed as planned, reducing the likelihood of future disputes.
Frequently Asked Questions About Real Estate Financing
What does a real estate finance attorney do during a loan closing?
During a loan closing a real estate finance attorney reviews the final loan documents, coordinates with the lender and title company, verifies payoff and release instructions, and confirms that recording and funding steps align with the intended priorities. The attorney also ensures that the documents reflect negotiated terms, that required endorsements or title insurance coverages are in place, and that the closing statement reconciles loan disbursements, fees, and payoffs. This work helps protect both borrower and lender by confirming the legal mechanics of the transaction are correctly implemented.The attorney may also prepare closing memoranda that list all deliverables and recording order, address any last-minute title exceptions or payoff discrepancies, and assist with execution of necessary corporate or authorization documents. After funding the attorney monitors recording and obtains evidence that documents have been filed correctly, and if necessary works to record corrective instruments to align the public record with the parties’ intentions and preserve lien priority.
How can title exceptions affect lender priority and funding?
Title exceptions are matters identified in a title commitment that may limit or affect marketable title and can include liens, easements, or unrecorded interests. Exceptions that remain unresolved at closing can impair a lender’s security or require additional documentation such as releases, payoffs, or endorsements to the title policy. If not addressed, these exceptions may take priority over a new loan, creating risk for lenders and potentially reducing the value of the secured interest.When exceptions are present, attorneys and title agents work to negotiate cures or obtain appropriate title insurance endorsements to protect the lender. In some transactions a lender may accept certain exceptions with an indemnity or additional escrow protections, while in others the exception must be removed before funding. Early identification and resolution of title issues helps avoid funding delays and preserves the intended lien priority.
When should I request an intercreditor or subordination agreement?
You should request an intercreditor or subordination agreement whenever multiple lenders or lienholders will have interests in the same property or when a new financing needs priority over existing encumbrances. These agreements clarify priorities, enforcement rights, and payment waterfalls, helping to avoid disputes among creditors if a default occurs. Common circumstances include mezzanine financing, construction loans with separate permanent financing, or when existing mortgages must take a subordinate position to a new lender.Legal counsel helps negotiate the terms to reflect each party’s acceptable level of risk and to document procedures for enforcement, consent requirements, and remedies. Having clear intercreditor arrangements in place before funding supports coordinated action among lenders and reduces the likelihood of conflicting claims that can disrupt a borrower’s project or a lender’s recovery process.
What steps are taken to protect lender rights in construction loans?
To protect lender rights in construction loans attorneys assist with drafting draw schedules, lien waiver requirements, contractor obligations, and escrow handling to ensure funds are released only after verified progress. These measures reduce the risk that funds will be disbursed without proper documentation and protect against contractor claims that could attach as liens. Documentation typically includes construction loan agreements that define milestones, inspection protocols, and remedies for contractor default or slow progress.Attorneys also ensure that funding and recording mechanics preserve lien priority and that title insurance coverage addresses mechanic’s lien exposures. Coordination with title companies and the borrower’s project manager helps ensure that each draw is supported by the necessary releases and that the lender’s security interest remains protected throughout the construction process.
How long does the legal review of a financing transaction typically take?
The length of a legal review depends on transaction complexity, title condition, and responsiveness of other parties. Straightforward single-lender closings with clean title can often be reviewed and cleared within a matter of days, while complex or multi-lender transactions with outstanding exceptions, subordination needs, or construction components may take several weeks to coordinate and finalize. Timelines also vary based on the need for negotiated cures, company or trustee authorizations, and recordation scheduling with county offices.Starting due diligence early and providing requested documents promptly shortens the timeline. Clear communication among lender, borrower, title agent, and attorney about outstanding items and deadlines helps streamline the process and reduce the chance of last-minute surprises that could delay funding or require corrective filings after closing.
Can a loan be funded if a title exception cannot be removed before closing?
A loan can sometimes be funded even if a title exception cannot be fully removed before closing by using alternate protections such as title insurance endorsements, escrowed cure funds, or indemnity agreements. Lenders may agree to proceed when they are comfortable that the risk is limited or that appropriate financial or insurance safeguards exist. Any such arrangement should be carefully documented so that responsibilities for addressing the exception are clear and enforceable if the issue later becomes problematic.However, not every exception can be accepted in this way; some matters require removal or specific releases to preserve lender priority. Decisions about funding with unresolved exceptions involve assessing the nature of the exception, potential impact on lien priority, and available remedies so that the lender’s interest remains protected under the agreed terms.
What should borrowers check in loan documents to avoid surprises later?
Borrowers should carefully review loan covenants, default provisions, prepayment terms, fee schedules, and any guaranty obligations to avoid surprises after closing. Pay close attention to repayment schedules, interest rate adjustments, balloon payments, and conditions that could trigger acceleration. Understanding these provisions helps borrowers anticipate cash flow obligations and the consequences of potential defaults so they can plan for compliance and avoid unintended breaches that could lead to enforcement actions.Also review the loan’s insurance, maintenance, and indemnity requirements and confirm the scope of borrower representations and warranties. Clear understanding of the documents being signed and the financial obligations they create helps borrowers negotiate better terms and take proactive steps to comply with loan conditions during the life of the loan.
How are payoff and release processes handled at closing?
At closing, payoff and release processes involve obtaining accurate payoff statements for existing liens, preparing release or satisfaction documents, and ensuring those instruments are recorded to remove prior encumbrances from the public record. Attorneys confirm the amounts and parties named on payoff statements, coordinate the timing of disbursements to pay off prior debts, and work with title agents to make sure recorded releases match the liens being satisfied. Proper handling prevents situations where an old lien remains of record after funding.Clear documentation and coordination reduce the risk of errors in the payoff numbers or mismatches in recorded releases. When releases are not available at closing, attorneys often arrange escrows or post-closing procedures to ensure payoffs are completed promptly and that the new lender’s priority is preserved in the records.
What happens if recording errors occur after closing?
If recording errors occur after closing, corrective action typically involves preparing and filing corrective or re-recorded documents to align the public record with the original intentions of the parties. Attorneys coordinate with title companies and recording offices to determine the proper remedies and may obtain affidavits or amended instruments to correct clerical mistakes or legal descriptions. Prompt action helps minimize uncertainty about lien priority and enforceability while protecting the parties’ rights.In some cases title insurance can respond to losses arising from recording defects, but insurers often require notification and cooperation in resolving issues. Working quickly to record corrective documents and obtain endorsements or indemnities reduces the chance of prolonged disputes and financial exposure from errors in public records.
How do I get started with Jay Johnson Law Firm on a financing matter?
To begin work with Jay Johnson Law Firm on a financing matter, contact the office to provide preliminary documents such as the loan commitment, title commitment, survey, and any existing payoff statements. This initial information allows us to review key issues and propose a scope of engagement tailored to your needs, whether a limited document review or a comprehensive closing coordination plan. Early contact helps set realistic expectations for timing and any title cures or negotiations that may be required.We will then schedule an initial consultation to discuss transaction goals, deadlines, and responsibilities among lender, borrower, and title professionals. From there we prepare a written engagement that outlines our role, deliverables, and communication plan so that all parties understand how we will support the transaction through closing and any necessary post-closing follow-up.