VCREP #137 | How to Avoid the Million Dollar Mistake with Scott McInnes
Vancouver Commercial Real Estate Podcast
Intro
This chapter delves into the vital role of stop-hole certificates and other crucial language in commercial real estate contracts for lenders and insurance companies, emphasizing the repercussions of missing documentation on funding and the scrutiny placed on buyers and tenants. The discussion also includes insights on addressing these concerns promptly and the possible effects of the recent Bank of Canada policy rate decrease on the real estate markets.
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