Lending to Tenants-in-Common Projects

(90-minute webinar – available live or on-demand)

Tuesday, February 22, 2022

This is a morning webinar

8:00 AM Pacific            9:00 AM Mountain

10:00 AM Central         11:00 AM Eastern

When is tenancy in common preferrable to other types of ownership structures? Are there special documentation rules?  Is tenancy in common more risky to your institution? What happens in the event of foreclosure? Attend this informative session to learn about this growing ownership structure. 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Explain tenancy-in-common ownership and how it differs from other types of ownership
• Understand how to determine if the property is held as tenants in common
• Use the proper loan documentation to protect your institution if the property is held as tenants in common
• Distinguish between fractional and group loans, and which is the best in a given situation
• Explain the unique default and foreclosure problems associated with tenancy in common

WEBINAR DETAILS

Tenancy-in-common ownership is becoming more popular for both residential and commercial real estate property.  Lending to tenants in common requires knowledge of the unique aspects of this type of ownership and how to handle them in the loan documents.  It is a trap for the unwary.  This webinar will explain all aspects of tenancy-in-common ownership from the lender’s perspective.  Learn the special provisions that must be included in your loan documents and the other specific steps that must be taken to protect your institution.

WHO SHOULD ATTEND?

This informative session is designed for personnel involved in real property loans, including loan officers, loan operations staff, compliance staff, attorneys, auditors, and managers.

TAKE-AWAY TOOLKIT

• Loan closing checklist for tenants-in-common projects
• PDF copy of the slides
• Employee training log
• Interactive quiz 

DON’T MISS THESE RELATED WEBINARS!

Loan Documentation for All Legal Entities

on Thursday, January 27, 2022

Commercial Lending: Risks, Rewards, Controls & Common Mistakes

on Wednesday, June 22, 2022 

Attendance certificate provided to self-report CE credits. 

   MEET THE PRESENTER - Elizabeth Fast, JD, CPA, Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions.  Elizabeth is the head of the firm’s training division.  She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University.  In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant.  Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. 

THREE REGISTRATION OPTIONS – WHAT YOU GET

1. Live Webinar Includes

• Unlimited connections within your institution to the Live Webinar
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Presenter’s contact info for follow-up 

2. On-Demand Webinar Includes

• Recording of the Live Webinar
• Available two business days following Live date
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Free Digital Download, yours to keep
• Share link with anyone at your institution
• Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE