Commercial Mortgage Document

A commercial mortgage document is a written record which is created when one wants to buy property like land or buildings for commercial or business purposes. This document is used to get a loan from the bank by using a commercial property as collateral to secure re payment. These documents are mostly signed by business owners and not individuals, where the borrower may be a company, a partnership entity and so on. A commercial mortgage document must contain important points like the purpose for obtaining the loan, the amount taken, the rate of interest, repayment details and information about the parties involved in the deal.

Sample Commercial Mortgage Document:

Commercial Mortgage Document

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Posted in Mortgage Documents