Episode 6 - Third Party Legal Opinions
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Episode 6 - Third Party Legal Opinions
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This episode of The Deep Dirt Dive discusses the various components in a real estate finance third party legal opinion. Discussion includes how third party legal opinions follow a customary style in dealing with the covered documents, assumptions, qualifications, the substantive opinions covered by the opinion, and opinion reliance issues. Also discussed are how customary practice and the various real estate reports influence how opinions are written.
Participating in this episode are ACREL Fellows Scott Willis from Louisiana and Nancy Little from Virginia.
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